HomeIndustry SectorsFinance and PolicyS.Africa: Kubayi welcomes market inquiry into LPG sector

S.Africa: Kubayi welcomes market inquiry into LPG sector

The South African minister of energy, Mmamoloko Kubayi, has issued a statement acknowledging and welcoming the release of the Competition Commission’s report on the market inquiry on competition in the Liquefied Petroleum Gas (LPG) sector.

The Department of Energy (DoE) said in a statement that the report will serve as an input into the operational review that has been initiated by the Minister. Read more…

According to the Commission, the report was handed over to the Minister on 24 April 2017, adding that formal publication of the report in the Government Gazette will be on 28 April 2017.

Detailed review on report

The Minister has directed the Department to conduct a detailed review of the issues raised as well as the recommendations of the Competition Commission, the DoE explained.

The DoE further added that NERSA’s views on the import infrastructure issues will also be sought. A meeting with the Minister of Economic Development will be scheduled as soon as the report is tabled in Parliament.

Report delivery

According to the Commission, the report was delivered on the basis that it “has reason to believe that there are features of the sector that may prevent, distort or restrict competition.  The Commission had received a number of complaints in the LPG sector which also provided further basis for initiating the market inquiry.

“Further, the Commission believes that conducting this inquiry assisted in understanding how it may promote competition in the LPG sector in furtherance of the purposes of the Act,” the Commission stated on their website.

Download the full non-confidential market inquiry report here.

Ashley Theron
Ashley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa.