South African National Petroleum Company Bill (B2-2026)

The South African National Petroleum Company Bill, 2026 provides for the establishment of the South African National Petroleum Company (SANPC) and sets out its objects, functions and governance arrangements. It provides for the appointment and composition of the Board and executive management, the company's finances, and the appointment of its Chief Executive Officer, Chief Financial Officer and staff. It also provides for the consolidation and transfer of assets, rights and obligations from the South African Gas Development Company (iGas), Strategic Fuel Fund (SFF) and Petroleum Oil and Gas Corporation of South Africa (PetroSA) to the new company, together with transitional arrangements and related matters.

Country

South Africa

Type

Treaty

Published

11 February 2026

File size

70 KB

Sourced from official government publications. Always verify against the official source before relying on this document for legal purposes.