Policy & Regulation

South Africa to pass new oil and gas laws after elections

South Africa’s mineral resources minister, Gwede Mantashe, has said the country aims to pass new oil and gas legislation after the elections next year
By Staff reporter 30 November 2018 0 33520

South Africa’s mineral resources minister, Gwede Mantashe, has said the country aims to pass new oil and gas legislation after the elections next year, South Africa’s Fin24 has reported.

Mantashe said the law “will be one of the first [...] to be processed” in the new parliament. The moratorium on exploration applications will also soon be lifted, with applications processed according to the terms of the existing mineral and petroleum law.