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Committee says environmental considerations alone must not stall SA’s exploration and job creation ambition

# Parliament’s portfolio committee on Mineral and Petroleum Resources says South Africa needs a regulatory framework that protects the environment and the rights of affected communities, while providing investors with sufficient certainty to undertake responsible exploration. The Constitutional Court has blocked Shell and Impact Africa’s offshore exploration activities along the country’s Wild Coast. The committee says it is concerned about the broader implications of prolonged legal uncertainty and repeated delays for investment, exploration and economic development in the offshore petroleum sector.