Gas ‘would power SA growth’

A gas economy could significantly drive South African economic growth, and the discovery of substantial natural gas reserves in the Karoo would be akin to finding gold and sparking a new gold rush, speakers said at the opening of the 4th annual Africa LPG Summit and Natural Gas & CNG Africa Forum in Johannesburg today.

LPG could pave the way for a gas economy, with imported LNG and indigenous SA gas exploration following, delegates heard. However, challenges such as affordability and accessibility of LPG, the regulatory environment, and a dearth of infrastructure and skills stood in the way of a rapid move to a gas economy, they said.

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