AfriForum looks into fracking corruption

2014-04-04 15:22
Fracking rig. (AP file)

Fracking rig. (AP file)

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Cape Town – AfriForum and the Treasure the Karoo Action Group have expressed deep concerns over the fact that Bundu Gas & Oil Exploration has been given certain rights in the Karoo.

According to AfriForum Bundu is a subsidiary of Australian firm Challenger Energy.

These rights will allow the Australian company to receive a piece of land (for possibly a year) in order to conduct desktop studies. 

AfriForum has released some information about the gas company.

According to a 2010 report, Bundu’s managing director reported to his shareholders that their application to become involved in the fracking initiative in the Karoo had been denied. He however reported that by leveraging the company’s connections in South Africa, they could make a new application over a larger area.

What may be shocking to note is that the second application has already been accepted by the Petroleum Agency of Southern Africa.

The Treasure the Karoo Action Group (TKAG) has expressed concerns over the ‘connections’ Bundu has and how they leveraged these connections to obtain a successful application.

AfriForum, therefore based on these circumstances will pursue an inquiry into the application process and how the Australian company managed to secure the application through the South African legislative system.
Read more on:    afriforum  |  karoo  |  energy  |  environment  |  fracking

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