3 February 2020 by and Oil & Gas Alert

Publication of draft Upstream Petroleum Resources Development Bill, 2019 for public comment

The latter part of 2019 brought with it a series of developments for the oil and gas sector including the withdrawal of the Mineral Petroleum Resources Development Act Amendment Bill. The most notable development, however, was undoubtedly the publication of the long-awaited Upstream Petroleum Resources Development Bill (Bill) for public comment on 24 December 2019. The Bill aims to “make provision for equitable access to, and sustainable development of the nation’s petroleum resources”.

This Bill sees a separation of the regulatory frameworks governing mining and upstream petroleum exploration which were previously dealt with together under the Mineral Petroleum Resources Development Act (MPRDA). This separation will allow for upstream petroleum exploration to be regulated in an entirely separate bill.

Interested and affected parties who wish to submit their written representations on the Bill have until 21 February 2020 to do so, using the below details.

Attention:     
Sibongile Malie
70 Meintjies Street
Sunnyside
0001
Private Bag
Arcadia
0007
Email: representations@dmr.gov.za

CDH’s Oil & Gas team will be publishing a series of articles during the course of this month analysing some of the key provisions of the Bill.

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