Current plans state that operations could start within the next 12 to 18 months with 5 companies that have already planned for licenses. Although these companies have already applied for licenses, the state is yet to confirm regulations pertaining to fracking within South Africa which is currently still in draft form and required to go through political and public participation processes. Also, the state will make use of the American Petroleum Institutes specifications in terms of what will be required for the retention of these wells.
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| From Engineering News 28, Oct 2014 |
Alright, now that we have the just out of the way - the issues that I have with fracking includes the fact that its exploratory. This saying that they are not exactly sure where it is but yet are willing to drill between 1.5km - 4km below the earth's surface to investigate whether or not there are any shale gas resources to extract.
Furthermore, another issue is the fact that you have companies such as Shell, Bundu Oil and Gas, and Falcon Oil and Gas that have already applied for exploration licenses but yet the state hasn't confirmed their regulatory stance towards fracking operations. Regulatory framework doesn't only ensure that the country has a specific stance towards operations like fracking - which is sensitive to the environment, but also includes possible changes to existing legislations around environmental, economic and social matters. Further to the change, regulations also imply that there are certain standards (infrastructure and operational) that should be enforced in order to allow and prohibit certain activities that the environment/geology may be sensitive towards.
Finally, another concern is the ratio between the impact and that of the actual full benefits of fracking operations. As the South Africa government is a developing company... I mean a developing country, their main focus should be and is to be economically driven (in a sustainable form) in order to reach a target where all other livelihood requirements can be self-sustaining. However, sometimes some activities are more monetarily driven than others. My big question to fracking operations is whether or not the ration between the impacts of fracking operations will ever meet up to the surrounding economic, social and environmental needs.
Only time will tell, and seems like this time there is a clock to when this will happen.
For some information follow the link below:
Engineering News: Karoo Fracking Could Start by Mid-2016

