South Africa Sets its Sights on Shale
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  • bigfire

    Water. Do they have sufficient amount of water near the deposit sites?

  • Andrew Allison

    Good fracking luck with that. Don’t “A combination of solid infrastructure, deeper capital markets, and favorable geology” and “South Africa” seem just a tad incompatible? As the post posits, the new South Africa has shown itself to be a master of snatching defeat from the jaws of victory.

    • B-Sabre

      Well, who’s running things on top of the ground has nothing to do with the structure under the ground, so that should still be good. As for the rest, South Africa has about the best chance of any of the African nations of carrying it out. They have the best capital markets and infrastructure on the continent (and yes, that’s like being the healthiest man in the TB ward) if the ANC can keep from killing the goose.

      • Andrew Allison

        WRT who’s running things vs. geology, see oil production in Mexico and Venezuela. WRT to capital markets and infrastructure, TB has become incurable [/grin]

  • Breif2

    “It won’t be easy, but when it comes to a massive set of reservoirs of natural gas, where there’s a will, there’s a way.”

    It won’t be easy, but when it comes to the ability of countries with a poor political culture to squander their resources, where there’s a will, there’s a way.

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