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South Africa’s Petroleum Lobby Seeks Competition Act Exemptions Bloomberg 12/22/2020 Paul Burkhardt © Bloomberg Gas pumps sit holstered on the forecourt of a Sasol Ltd. fuel station in Pretoria, South Africa, on Thursday, June 4, 2020. South Africa’s state-owned Central Energy Fund is considering buying assets that have been put on the block by fuel and chemical maker Sasol Ltd. as it seeks to restore itself to profitability. (Bloomberg) The South African Petroleum Industry Association has applied for exemptions to the nation’s competition rules in order to “prevent and mitigate supply emergencies,” according to a government notice. The exemptions to the Competition Act would allow joint planning around the scheduled shutdown of refineries and coordinate reactions to unplanned outages by members including Total SE, Royal Dutch Shell Plc and Sasol Ltd., that own refineries in South Africa, Sapia, the industry lobby group, said in a Government G

Cape townWestern capeSouth africaKwazulu natalSouth africanPetroliam nasional bhdCompetition commissionCentral energy fundRoyal dutch shell plcAfrican petroleum industry associationSasol ltdGlencore plcBloomberg gasSouth african petroleum industry associationCompetition actGovernment gazette