Upstream Petroleum Resources Development Act 23 of 2024 (English / isiZulu)

Parliament of the Republic of South Africa

The Upstream Petroleum Resources Development Act establishes a dedicated framework for petroleum exploration and production in South Africa. It provides rules for petroleum rights, licensing rounds, state participation, local content requirements, petroleum infrastructure access and the regulation of upstream petroleum activities. The Act separates petroleum regulation from the broader mineral-resource framework and aims to encourage investment while supporting national development goals.

Country: South Africa
Type: Act
Published: 29 October 2024
File size: 1.5 MB

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