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

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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”.

3 Feb 2020 1 min read Oil & Gas Alert Article

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.

The information and material published on this website is provided for general purposes only and does not constitute legal advice. We make every effort to ensure that the content is updated regularly and to offer the most current and accurate information. Please consult one of our lawyers on any specific legal problem or matter. We accept no responsibility for any loss or damage, whether direct or consequential, which may arise from reliance on the information contained in these pages. Please refer to our full terms and conditions. Copyright © 2024 Cliffe Dekker Hofmeyr. All rights reserved. For permission to reproduce an article or publication, please contact us cliffedekkerhofmeyr@cdhlegal.com.

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