US EditionCEF Merges IGas, PetroSA & SFF To Form SANPC, Pumps In R5 Billion Boost
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CEF Merges IGas, PetroSA & SFF To Form SANPC, Pumps In R5 Billion Boost
The Central Energy Fund (CEF) has officially handed over leased assets and R5 billion in funding to operationalise the newly launched South African National Petroleum Company (SANPC). This development marks the final step in the long-awaited merger of three key state-owned energy entities iGas, the Strategic Fuel Fund (SFF), and PetroSA under one umbrella. The formation of the SANPC, which was first announced in President Cyril Ramaphosa’s 2020 …
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