Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

'Shell gas plans may affect telescope'

Mar 16 2011 15:09 Sapa

Related Articles

DA urges Shell to can gas search

BP surges after report of Shell bid

BP, Shell take on PetroSA refinery plan

Shell will pay up for Karoo damage

BP eyes major SA investment

Shell vows not to pollute Karoo water

 

Top Stories

Gauteng road project costs rocket

May 25 2012 13:58

The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.

Greek euro worries pressures rand

May 25 2012 19:13

Uncertainty over the future of the euro zone returned to push the rand down against the dollar.

JSE halts 'incorrect' trade

May 25 2012 11:36

The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.

 
Share Share line Print
Cape Town - Oil giant Shell's plans to prospect for shale gas in the Karoo could affect South Africa's bid to build the world's biggest radio telescope, MPs heard on Wednesday.

Science and technology deputy director general Val Munsami said Shell's plans were starting to raise questions among international partners.

They were asking how such exploration might impact on the Square Kilometre Array (SKA), he told parliament's science and technology portfolio committee.

South Africa and Australia were shortlisted in 2006 as locations for the SKA project.

The SKA will cost about €2bn to build, and require between €150m and €200m a year, for 50 years, to maintain and operate.

The radio telescope - brainchild of a consortium of major international science funding agencies in 16 countries - comprises 3 000 giant antenna dishes, each the height of a three-storey building.

Astronomers plan to use the SKA to peer back through time and across vast distances, to investigate the history of the universe and when the first stars were formed.

The SKA core site in South Africa is near Carnarvon in the Northern Cape, where many of the dishes would be erected.

The plan also includes locating receiving stations, each comprising about 30 antenna dishes, in eight other African countries, some as far away as Ghana and Madagascar.

An announcement on who has won the bid will be made early next year.

Munsami said questions about Shell's plans were starting to "creep in" to South Africa's international lobbying strategy.

"Obviously, from a SKA perspective, we are concerned about it ... In terms of the international lobbying strategy, it's starting to creep in as well; the international partners are starting to ask where this is going and how it will impact the SKA."

The department was looking at the implications of the oil company going ahead with its exploration for shale gas.

"One key piece of legislation we have in place is the Astronomy Geographic Advantage Act, which regulates the area in terms of radio interference," Munsami told the committee.

"Obviously we will be looking at whether, in terms of exploration, there is any radio interference. If there is, we will have to have that discussion in terms of the regulatory framework."

A management authority was being put in place within the department to deal with the matter, and "to ensure regulations are fulfilled in terms of protecting the SKA".

There was also "ongoing" discussion between his department and the department of energy on the matter, Munsami said.

Committee chairperson Nqaba Ngcobo noted the Astronomy Geographic Advantage Act gave the sole right to regulate the zone in which the SKA would operate to the minister of science and technology.

"So I think that's not a problem... There is no way Shell can go ahead with that; the act does not allow it. It can't," he assured members.

Anita Loots, associate director of South Africa's SKA team, said a key issue was that nothing untoward happened while radio frequency interference (RFI) tests were being conducted in the Karoo.

A team from the international SKA technical committee is currently in the country to carry out such RFI tests. Similar tests are being conducted in Australia.

The team's report will contribute towards determining which of the two countries win the bid.

"The key issue for us is that while the RFI measuring campaign is going on in South Africa and Australia, that there is nothing happening in the Karoo that requires people to carry a cellphone, or some sort or radio transmitting equipment, or whatever can actually impact on that measurement," Loots said.

"Because... although the fracking may happen quite a bit later, the immediate effect of it is if there are very strong radio signals in that area because of the exploration."

The "fracking" referred to is hydraulic fracturing, a technique for extracting shale gas from deep underground by pumping a pressurised mixture of water, sand and chemicals down drill holes.

 
 
Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

NicolaaSmith

CIPPA equals automatic zero erosion in the constant item economy We do not have stable – as in fixed real value – money. The real value of money is generally accepted by the public at large to be stable – as in fixed – in low inflation economies, but this is not true. The be... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...