WCPP: Upstream Petroleum Resources Development Bill

The Western Cape Provincial Parliament’s Standing Committee on Finance, Economic Opportunities and Tourism (the Committee) invites you to submit written and oral submissions on the Upstream Petroleum Resources Development Bill [B 13B – 2021].

The purpose of the Bill is to :
• provide for the orderly development of petroleum resources;
• provide for equitable access to and sustainable development of the nation’s petroleum resources;
• provide for active state and black persons’ participation in the development of the nation’s petroleum resources;
• provide for a petroleum right that integrates the right to explore and to produce;
• provide for the facilitation of the acquisition of petroleum geo-technical data;
• provide for a controlled application system through licensing rounds;
• create an enabling environment for the acceleration of exploration and production of the nation’s petroleum resources;
• provide for third-party access to upstream petroleum infrastructure;
• provide for a petroleum right holder to sell a percentage of petroleum to the state for strategic stock requirements;
designate a state-owned company as an entity responsible for managing the state’s carried interest in petroleum rights;
• provide for the advancement of national developmental imperatives by the state-owned company through the development of petroleum resources;
• provide for the holder of a petroleum right to retain its empowerment status after the exit of black persons under circumscribed circumstances;
• provide for local content as a development strategy to enable skills development, local recruitment and national participation through the supply of goods and services;
• designate the Petroleum Agency of South Africa as the regulatory authority for the upstream petroleum sector; and to provide for matters connected therewith.

The public hearings are arranged as follows:

Submissions can be emailed to Ms Zaheedah Adams at [email protected] or WhatsApp voice notes and messages (Cell number: 072 993 4631) by no later than 14:00 on Friday 16 February 2024.

Please include your full name and email address and/or contact number, when submitting comments to the Committee.

Requests to make verbal presentations at the public hearings must be submitted to the Procedural Officer at least one day before the scheduled public hearing. If you are attending the public hearing at the Cape Town venue, please bring along proof of identification.



Track the bill here

How to write a submission