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Inside Investor

SOUTH AFRICA: Shale Gas Permits Remain Elusive

SOUTH AFRICA: Shale Gas Permits Remain Elusive

Bottom Line: Despite high hopes, South Africa shale gas permits are not likely to be forthcoming this year for E&P companies, bound up as they are in a wash of legal appeals by environmental groups.

Analysis: While the South African government is moving to pave the way for the issuance of shale gas permits, having lifted the moratorium on hydraulic fracturing in September, challenges…

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