Can new discovery rejuvenate south africas oil and gas industry
Mark allocation: Criterion Mark Allocation (%)
Relevance of the content to the problem statement/topic……………25
Total…………………………………………………………………100
SESSION1
At the end of this session, students will be able to:
•Identify the main components of South Africa’s exploration and production market
Prescribed Readings
1. PASA (2020). Map of regulated E&P activities in South Africa
6. US-EIA (2020). No. of active U.S. crude oil & natural gas rigs is at the lowest point on record
7. US-EIA (2020). Lower crude oil prices will mean less exploration and development
12. Department of Mineral Resources and Energy. (2019). Draft Upstream Petroleum Resources Development Bill
13. PASA (2020). Offshore Contact List of Explorers
SESSION 2
South Africa’s Wholesale and Retail Fuel Markets
•Identify the main components of South Africa’s wholesale and retail markets
•Outline the key elements of corporate strategy applied by the main firms in the respective value chain segments that have shaped market structures
1. Business Daily (2011). Why big companies are exiting Africa’s oil retailing business
2. Sapia (2016). The petroleum industry’s contribution to South Africa
7. Nkhonjera, M. (2015), New energy in the region’s fuel market: Puma Energy -Brent Oil merger (in CCRED Review – November 2015)
8. Competition Tribunal (2015). Puma acquires Brent Oil LM074Jul15
2. Hilsenrath (1961), The development of synthetic fuels in South Africa
3. Rustomjee, R., Crompton, R., Maule, A., Mehlomakulu, B., & Steyn, G. (2007). Possible reforms to the fiscal regime applicable to windfall profits in South Africa’s liquid fuel energy sector, with particular reference to the synthetic fuelindustry. 9th February.
8. Mondliwa, P. & S.Roberts (2014). Review of economic regulation of liquid fuels and related products.
SESSION 3
At the end of this session, candidates will be able to:
• Identify the main components of South Africa’s LPG markets
Prescribed Reading
Competition Commission (2017), Market inquiry into the LPG sector-FINAL-NONCONFIDENTIAL-VERSION
Department of Energy (2012). Review of the maximum refinery gate price of liquified petroleum gas
Businesslive (2018). How the market for LPG is stifled by unfavorable regulations
Business Report (2020). Poor infrastructure regulation causes LPG crisis in Western Cape National Ports Regulator (2020), Record of Decision - Avedia vs TNPA & Sunrise
Engineering News (2020). Five LPG companies to answer to allegations of price fixing Engineering News (2020). South Africa adopts new LPG pricing formula
Session Intended Learning Outcomes
At the end of this session, candidates will be able to:
Prescribed Reading
Engineering News (2013). Manufacturers turn to courts amid discontent over gas pricing, Sasol contract talks
Dept. Minerals & Energy (2015). Gas Infrastructure Plan
Competition Tribunal (2013). Consent agreement - Competition Commission vs Spring Lights Gas
NERSA (2020). FAQ Revised Methodology to Approve Maximum Prices of Piped Gas in South Africa
Sasol (2020). Sasol Integrated Report 2020
Session Intended Learning Outcomes
At the end of this session, candidates will be able to:
Engineering News (2019). Sasol willing to consider using ‘green hydrogen’ to produce lower-carbon fuels
E&E News (2020). BP Says Oil Demand Could Be Almost Dead by 2050
Dept of Environment (2019) Strategic environmental assessment - RSA Phased gas pipeline network https://gasnetwork.csir.co.za/final-sea-reports/
Shell (2020). Global supply model-oil & gas to 2100
Deloitte (2020). Oil & gas industry outlook
Swart, G. (2015). Innovation lessons learned from the Joule development