Shell Delays South Africa Basin-Drilling Plan Due to Law Doubt
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Royal Dutch Shell Plc, Europe’s largest oil producer, may drill South Africa’s northwest coast two years later than planned because of regulatory uncertainty.
“It is very difficult to go my bosses in the Hague and say I suggest we drill a well but I don’t know exactly what the rules and regulations are,” Jan Willem Eggink, general manager for upstream at Shell’s South African unit, told reporters in Cape Town. Drilling that was anticipated to start this year may take place in 2016, he said.