South African Business 2018 edition
Welcome to the sixth edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. Visit www.globalafricanetwork.com for more business and investment news, opportunities and events.
Welcome to the sixth edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za.
Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties.
South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com.
First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za
Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties.
South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. Visit www.globalafricanetwork.com for more business and investment news, opportunities and events.
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Oil, gas and petrochemicals<br />
The sector is alive with activity.<br />
OVERVIEW<br />
Licences for onshore and offshore exploration for gas, allocation<br />
of sites for liquified national gas power plants, the creation of<br />
new units within national departments, investment in a new<br />
helium plant, testing for shale gas, massive investments by<br />
Sasol – these are some of the things that are putting a spark into the<br />
<strong>South</strong> <strong>African</strong> oil, gas and petrochemicals sector.<br />
An agreement has been signed between PetroSA and Russia’s<br />
geological exploration company, Rosgeo, which will see $400-million<br />
invested. The agreement relates to offshore exploration blocks which,<br />
it is hoped, will deliver four-million cubic metres of gas every day to<br />
the gas-to-liquids refinery at Mossel Bay (Mossgas). The refinery has<br />
been struggling to find new feedstock for some time, and a great deal<br />
of money was spent on a project called Ikhwesi, which was supposed<br />
to find gas.<br />
The <strong>South</strong> <strong>African</strong> oil industry generates annual sales of about R365-<br />
billion. Companies in the oil sector include global giants such as Engen,<br />
BP, Shell, Total and Caltex. In 2016 Chevron began the process of exiting<br />
<strong>South</strong> Africa. Sinopec of China has bought a 75% share in Chevron<br />
SECTOR INSIGHT<br />
A Russian exploration company<br />
will supply gas to<br />
Mossgas.<br />
• A R200-million helium<br />
plant is under construction.<br />
<strong>South</strong> Africa for R12.6-billion.<br />
Assets include a lubricants plant<br />
in Durban, an oil refinery in Cape<br />
Town and 820 petrol stations<br />
across <strong>South</strong> Africa and Botswana.<br />
<strong>South</strong> Africa’s own global giant,<br />
Sasol, is a major player in the oil<br />
sector and the only player in the<br />
petrochemicals sector.<br />
69 SOUTH AFRICAN BUSINESS <strong>2018</strong>
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