The Central Energy Fund Group of Companies To be a leading - - PowerPoint PPT Presentation

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The Central Energy Fund Group of Companies To be a leading - - PowerPoint PPT Presentation

The Central Energy Fund Group of Companies To be a leading integrated energy company that provides sustainable energy security for South Africa Africa Oil & Power Conference September 2018 Who Are We ? The CEF Group of Companies (CEF) is a


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Africa Oil & Power Conference September 2018

The Central Energy Fund Group of Companies

To be a leading integrated energy company that provides sustainable energy security for South Africa

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SLIDE 2

Who Are We ?

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The CEF Group of Companies (CEF) is a state owned company

  • f

governed by the Central Energy Fund Act of 1977 conducting its business through its subsidiaries that which represents an energy security of supply value chain comprising exploration and production, coal and gas supply, liquid fuels processing, a renewable division and liquids fuels storage/infrastructure.

Equalisat ion Fund (EQF)

  • Create significant impact on South Africa’s energy landscape …….
  • grow energy security
  • optimise national dependency on imported energy
  • promote cleaner energy
  • ........ in a financially sustainable way
  • having a robust commercially viable portfolio with minimal

dependency on public funding

  • ……..while transforming the local energy sector
  • by catalysing and increasing ownership transformation and new

BEE opportunities

  • …….. and in a socially responsible way
  • generating socio-economic benefits in employment, community

development, etc..

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What is the South Africa Energy Legal Framework ?

Page  3 Key Acts Energy Sector Planning

  • Public Finance Management Act (PFMA),

1999 and regulations, including public private partnership (PPP) regulations

  • Companies Act, 2008
  • Petroleum Products Act, 1977
  • Petroleum Pipelines Act, 2003
  • Gas Act, 2001
  • Electricity Act, 1987
  • CEF Act, 1977
  • Mineral and Petro

leum Resources Development Act, 2002

  • National Energy Act, 2008
  • Promotion of Access to Information Act 2
  • f 2002
  • Protection of Personal Information Act,

2013

  • Broad-Based Black Economic

Empowerment Act No.53 of 2003

  • National Energy Regulator Act 40 of 2005
  • Income Tax 58 of 1962
  • Prevention and Combating of Corrupt

Activities Act No. 12 of 2004

  • Occupational Health and Safety Act No.

85 of 1993

  • Integrated Resource Plan for Energy,

2010

  • National Development Plan of 2011
  • National Environmental Management

Act

  • Operation Phakisa
  • Hazardous Substances Act 15 of 1973
  • Petroleum Pipelines Levies Act, 2003
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What are the South Africa Energy Sectors?

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  • Exploration
  • Liquids Monetisation
  • Gas Monetisation
  • Coal Monetisation
  • Infrastructure Development
  • Renewable Energy
  • Utility Generation
  • Regulation

National Development Plan key pillars:

  • Promote LNG investments
  • LNG infrastructure to

power CCGT

  • Growing gas share of

power production

  • Exploratory drilling for

coal and shale gas

  • Develop West-Coast
  • ff-shore gas
  • Understand shale

reserves

  • Significant growth in

RES capacity

  • Lower carbon intensity
  • Vehicle carbon tax
  • Encourage use of

hybrid or EV & public transport

  • Promotion of cleaner

coal technologies

  • Agree on mechanism

for refinery upgrades

  • Decision made on

importing petroleum products vs. new refinery

  • Improve energy related

policy and planning Upstream Refining Natural Gas Renewables Clean energy Policy

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What is the South Africa Energy Criteria ?

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  • Exploration
  • Liquids Monetisation
  • Gas Monetisation
  • Coal Monetisation
  • Infrastructure Development
  • Renewable Energy
  • Utility Generation
  • Regulation
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What is the South Africa Energy Value Proposition ?

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Energy Value Proposition = f (Developmental) & f (Commercial)

  • To
  • be catalysts for energy value creation that creates significant impact on South Africa’s energy landscape

in a developmental and commercially sustainable way while transforming the local energy sector in a socially responsible way

  • Through
  • Energy Transformation – black energy ownership with diverse product energy solutions
  • Operational Excellence – best in class socio-economic growth
  • Innovation – proactive state-of-the art
  • Strategic Partnerships – G2G, Funders, EPC, ……
  • Whilst
  • ensuring transformation in the South African energy sector,
  • upskilling of our South African energy human capital,
  • increasing our South African energy employment opportunities,
  • and ensuring energy for the People of South Africa.
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Thank You

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