Expert: 'Gas condensate discovery will provide boost for SA economy'

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Oil and natural gas expert Stephen Larkin says this will result in more foreign investment, as it could generate over R1 trillion in revenue over the next two decades.

 

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NO - gas condensate / gas / oil discovery off South Africa's coast will NOT boost the SA economy. It will enrich the connected elite. Venezuela is a case in point. Despite having 25% of world's oil reserves its bankrupt. In Africa we can look at Nigeria and Angola.

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