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PRESENTED BY: Mthozami Xiphu

Presentation on the Petroleum Agency SA 2011-2012 Strategy Plan to the Mineral Resources Parliamentary Portfolio Committees. PRESENTED BY: Mthozami Xiphu. DATE: 28 June 2011. STRATEGIC ROLE.

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PRESENTED BY: Mthozami Xiphu

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  1. Presentation on the Petroleum Agency SA 2011-2012 Strategy Plan to the Mineral Resources Parliamentary Portfolio Committees PRESENTED BY: Mthozami Xiphu DATE: 28 June 2011

  2. STRATEGIC ROLE The strategic role and mandate of the Petroleum Agency is to contribute to the energy resources of the country by promoting and regulating the exploration and production of the country’s natural oil and gas resources.

  3. VISION AND MISSION • Vision of PASA • A vibrant up-stream petroleum industry in SA • The Mission of PASA • To promote, facilitate and regulate the exploration and sustainable development of oil and gas for the benefit of all South Africans

  4. Functions of designated agency 71. The designated agency must— (a) promote onshore and offshore exploration for and production of petroleum; (b) receive applications for reconnaissance permits, technical co- operation permits, exploration rights and production rights in the prescribed manner; (c) evaluate such applications and make recommendations to the Minister; (d) monitor and report regularly to the Minister in respect of compliance with such permits or rights; (e) receive, maintain, store, interpret, evaluate, add value to, disseminate or deal in all geological or geophysical information relating to petroleum submitted in terms of section 88; (f) bring to the notice of the Minister any information in relation to the exploration and production of petroleum which is likely to be of use or benefit to the State;

  5. … Functions (continued) (g) advise and recommend to the Minister on the need to by itself, through contractors or through any other state enterprise carry out on behalf of the State reconnaissance operations in connection with petroleum; (h) collect the prescribed fees and considerations in respect of reconnaissance permits, technical co-operation permits, exploration rights and production rights; (i) review and make recommendations to the Minister with regard to the approval of environmental management plans, environmental management programmes, development programmes and amendments thereto; and (j) perform any other function, in respect of petroleum, which the Minister may determine from time to time.

  6. Business Strategy for 2011-2012

  7. Thank You

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