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PetroSA,
or the National Petroleum, Gas and Oil Corporation of
South Africa, is the country's national oil company.
It owns, operates and manages the South African government's
commercial assets in the petroleum industry.
The company was registered in January 2002 as a commercial,
non-listed entity under South African law. PetroSA is engaged
in two worldwide businesses: oil and gas exploration and production;
and the production and marketing of synthetic fuels and petrochemicals.
The company explores for oil and gas in selected basins around
the world, with a focus on Africa, and has producing fields
off the coast of South Africa. It has marketing operations in
the United States, Europe and the Far East that supply petrochemicals
to customers in more than 40 countries.
PetroSA is a pioneer in the field of gas to liquids (GTL) technology,
recognised around the world for producing the cleanest fuels
through an environmentally responsible process that releases
minimal emissions. The company is responsible for producing
and marketing synthetic fuels produced from offshore gas produced
at its Mossel Bay refinery in the Western Cape, which is the
world's largest commercial gas to liquids plant. PetroSA's gas-to-liquid
plant supplies about 7 percent of South Africa's liquid-fuel
needs. The products are supplied to oil companies that market
them under their own brand names.
PetroSA also produces anhydrous alcohols and speciality fuels
that are exported and earn the company more than R500-million
a year. PetroSA's oilfield, Sable, situated about 150km south
off the coast of Mossel Bay, is expected to produce 17 percent
of South Africa's oil needs.
See the PetroSA
website for more information. |
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