South Africa state pension fund keen to invest in local shale play

February 2014
African Business News;2/25/2014, p23
The article reports that state pension fund Public Investment Corp. Ltd. (PIC) of South Africa is willing to invest in the shale gas industry of the country. According to the author the plan to invest in the shale gas industry shows commitment of the government to develop energy supply for the country. It highlights that energy and petrochemicals firm Royal Dutch Shell PLC has shown interest in shale gas production in South Africa.


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