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Shell: no certainty fracking for Karoo shale gas economically viable

Extracts from an article by Melanie Gosling published on 11 March by Independent Online under the headline: “Fracking revenue still not quantified – Shell”

Screen Shot 2014-03-11 at 14.07.51Cape Town – Shell says there is no certainty that fracking for shale gas in the Karoo will be economically viable. Niall Kramer, Shell’s upstream manager, told delegates at a roundtable discussion on fracking on Monday that only once the oil company had completed exploration work would it be able to assess whether fracking would be economically viable. “Many people think this gas is a done deal. That’s not the case.

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