South Africa Shale Pits Shell Against Sheep Farmers

Posted by Bloomberg: Paul Burkhardt on August 26th, 2013
Bloomberg: Royal Dutch Shell Plc (RDSA)’s shale gas drilling plans for South Africa’s Karoo semi-desert are pitting the government and its energy goals against farmers and conservationists like billionaire Johann Rupert who say the land will be spoiled. The government estimates enough gas can be discovered to generate 1 trillion rand ($100 billion) of sales within three decades and help bring a country that imports 70 percent of its crude oil needs closer to supplying its own energy demand. Landowners are......

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