Tag Archive | Phindile Nzimande

Future clearer as Gas Amendment Bill comes forward

Nersa will organise licensing…..

The Gas Amendment Bill was about to be tabled in Parliament as part of the overhaul of the Gas Act, energy minister, Dipuo Peters, confirmed  in her budget vote speech, the draft of the Bill having been approved by cabinet in April of this year and published for comment in June. According to a media statement by department of energy (DoE) on the draft Bill, certain omissions in the Gas Act of 2001 are addressed such as inadequate powers conferred on NERSA, the need for speedier licensing and clarity on pricing and tariffs. Stakeholders from industry have been involved.

Much of the new Bill according to DoE in the energy presentations to Parliament  will reduce the risk of South Africa having an “underdeveloped natural gas sector” with consequent implications to the security of energy supply.

Transportation addressed

gastruckAttention in the draft Bill is paid to unconventional gases not included in the original Act, along with technologies for transporting natural gas in liquid and compressed form. The new draft Bill also clarifies NERSA’s functions in the many processes and stages that involve gas between exploration to sale in containers, including storage.

During the ministers recent briefing, the attention of the media for assistance in promoting LP gas as a safe alternative to electricity.

The many re-definitions included in the draft reflect the changing nature of gas exploration in South African waters; the possibility of gas reticulation; the changing nature of gas storage and complexities of LP gas consumer issues.

Sasol big player

In piped gas, Phindile Nzimande, CEO of NERSA recently told parliamentarians that the maximum prices for such were dealt with in regard to Sasol, this being the last year of the “maximum price” arrangement. In petroleum pipelines, the Transnet annual increase was set at 8.53%, again with much controversy, and decisions were made on 60 storage and loading facilities.

There was still a major lack of credible gas anchor clients in piped gas, Nzimande said, nor was there an established and regular supply chain and serious competition, resulting in high prices for the poor. NERSA had much work to do in this area, she said, as far as compliance monitoring and enforcement was concerned.

 

The following articles are archived on this subject:
http://parlyreportsa.co.za//uncategorized/more-hints-that-gas-act-amendments-on-the-way/
http://parlyreportsa.co.za//energy/south-africa-at-energy-crossroadsdoe-speaks-out/

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