South Africa: New oil and gas law planned


Issue 324 - 27 May 2016
The government is planning a new law that will separate parts of its regulations governing oil and gas from legislation governing the mining industry. “The plan involves separating from the mineral regulatory framework those elements that relate to the petroleum value chain,” energy minister Tina Joemat-Pettersson told parliament in a budget speech on 11 May. Proposed amendments to the Mineral and Petroleum Resources Development Act had been criticised by the oil and gas industry for attempting to treat mining and hydrocarbons exploration in the same way.

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