South Africa Launches New National Petroleum Company – Oil & Gas 360

South Africa launches new national petroleum company – Oil & Gas 360

(World Oil) – South Africa has officially established its new state-owned oil corporation—South African National Petroleum Company (SANPC). The launch—which follows the merger of PetroSA, iGas and the Strategic Fuel Fund—signals the rise of an integrated oil company in South Africa, paving the way for greater accountability, efficiency and profitability in the country’s petroleum sector. The establishment of the SANPC aligns with broader goals by

South Africa: SANPC is open for business, Mantashe

Since then, tremendous work has been done in winding down the outstanding matters and getting governance arrangements going