In what environmental lobby group FrackFree SA has described as a devastating harbinger, the Supreme Court of Appeal overturned an earlier High Court ruling interdicting US company Rhino Oil and Gas from going ahead with wide-scale gas exploration, with view to possible fracking or intensive mining.
The area in question includes 5,500 farms in KwaZulu-Natal - about 2-million hectares.
Economists, however, say that the discovery of gas reserves would augur well for SA’s financial standing and could provide an answer to electricity woes.
Read the full story in the Sunday Times.
KZN fracking ruling 'a devastating harbinger'
Image: 123RF/Bizoon
In what environmental lobby group FrackFree SA has described as a devastating harbinger, the Supreme Court of Appeal overturned an earlier High Court ruling interdicting US company Rhino Oil and Gas from going ahead with wide-scale gas exploration, with view to possible fracking or intensive mining.
The area in question includes 5,500 farms in KwaZulu-Natal - about 2-million hectares.
Economists, however, say that the discovery of gas reserves would augur well for SA’s financial standing and could provide an answer to electricity woes.
Read the full story in the Sunday Times.
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