Karoo Gas Debate: Regulator supports Hersov - updated model concludes there's huge resources so “let’s get drilling”

SA’s energy resources regulator Dr Phindile Masangane says the Petrloeum Agency SA will soon be sharing its updated models of the Karoo Shale Gas reserves with the scientific community - and is storngly recommending a drilling programme to confirm the exciting findings. PASA’s model puts the SA’s shale gas reserves at a massive 200tcf which for context is 66 times the total gas feedstock for Sasol; and is just under a third of the reserves which have transformed the energy equation in the US, the world’s biggest economy. A chemistry PhD from Imperial College, London (with a Wits MBA), in this interview Dr Masangane applies science to address concerns articulated on BizNews earlier this week by Graaff Reinet attorney Derek Light, who represents hundreds of sceptical Karoo landowners including business tycoon Johann Rupert. The regulator’s model, conclusions and recommendations supports a thesis proposed by outspoken entrepreneur Rob Hersov, which sparked Light’s response. Dr Masangane, who has considerable experience with energy projects from development to feasibility, spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices