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South African government warms to Kinetiko

SOUTH Africa focussed Kinetiko Energy has today revealed the Industrial Development Corporation of South Africa has executed a joint development agreement with its subsidiary Afro Energy.

Jonathon Davidson
File photo: scenes from Kinetiko acreage

File photo: scenes from Kinetiko acreage

The IDC is an entity owned by the South African government and its role is to 'promote economic growth;' the JDA is for the development of gas fields "to produce gas for industrial, commercial, transportation...

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