KZN fracking ruling 'a devastating harbinger'
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.
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