Department of Economic Development
1 July 2019
The designation of the South African Petroleum Industry Association (SAPIA) in terms of section 10 (3)(b)(iv) of the Competition Act has been extended.
The economic development department published the extension notice in Government Gazette 42552.
The section deals with exemptions from Chapter 2 of the act on prohibited practices.
SAPIA is a voluntary association founded in July 1994 by Chevron South Africa, Engen Limited, Shell South Africa, Total South Africa and BP South Africa.
The designation of SAPIA has been extended until 31 December 2019.
It enables the industry to continue coordination between industry stakeholders to ensure security of liquid fuels supply to the local economy.
The extension applies from 1 July 2019.