Key points about this bill:
This Bill aims to make changes to the Gas Act of 2001 by updating certain definitions and promoting the orderly growth of the gas industry. It intends to improve the national regulatory framework, encourage the involvement of black businesses, and support sustainable development. The Bill also addresses new developments and technologies in the gas sector, facilitating infrastructure development and investment.
It emphasizes collaboration between the private and public sectors, strengthens enforcement, and enhances compliance. Additionally, the Bill aligns the gas industry with emerging transportation technologies for natural and unconventional gases that the current Gas Act does not cover. These amendments bring South Africa’s gas sector in line with international best practices. Although initially introduced in 2021, the Bill was withdrawn in 2022 to incorporate feedback from stakeholders.
Key features of this bill:
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