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The CEF is involved in the search for appropriate
energy solutions to meet the future energy needs of South Africa,
the Southern African Development Community and the sub-Saharan
African region. This includes oil, gas, electrical power, solar
energy, low-smoke fuels, biomass, wind and renewable energy
sources.
The CEF also manages the operation and development
of the oil and gas assets and operations of the South African
government.
The CEF, through its integrated oil company subsidiary, PetroSA,
is involved in the exploration for oil and gas onshore and offshore
in South Africa and the rest of Africa. It is also involved
in the production of environmentally friendly petroleum fuels
and petrochemical products from gas and condensate at its synfuels
refinery outside Mossel Bay and the management of oil-storage
facilities.
The Strategic Fuel Fund manages South Africa's strategic
crude oil reserves. Oil Pollution Control SA, a CEF subsidiary
company, provides oil prevention, control and clean-up services,
mainly in South African ports and coastal areas, in terms of
South Africa's National Environmental Management Act 1998, Act
107 of 1998.
Through its subsidiary, the Petroleum Agency of South Africa
(PASA), the CEF
manages the promotion and licensing of oil and gas exploration,
development and production in South Africa and the coastal areas
offshore, as part of creating a viable upstream oil industry
in the country.
CEF subsidiary
iGas acts as the official agent of the government for the development
of the hydrocarbon gas industry, comprising liquefied natural
gas and LPG in South Africa.
See the CEF
for more information. |
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