South Africa - 01

South Africa: Updated IPAP Provides Support for Gas Development

In an important development for IOCs, on 9 May Minister of Trade and Industry Rob Davies released the updated IPAP, which aims to ensure that natural gas is used as a feedstock for electricity generation and as a driver of industrial diversification in the medium term. The IPAP will be especially relevant for IOCs interested in the gas-to-power independent power producer (IPP) program. The IPP Office intends to release its request for qualifications for the program in Q2 2016. With the Department of Trade and Industry’s GIU being officially launched on 16 May, momentum is building.

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