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CENTRAL ENERGY FUND

The CEF is involved in the search for appropriate energy solutions to meet the future energy needs of South Africa, the Southern African Development Community and the sub-Saharan African region. This includes oil, gas, electrical power, solar energy, low-smoke fuels, biomass, wind and renewable energy sources.

The CEF also manages the operation and development of the oil and gas assets and operations of the South African government.

The CEF, through its integrated oil company subsidiary, PetroSA, is involved in the exploration for oil and gas onshore and offshore in South Africa and the rest of Africa. It is also involved in the production of environmentally friendly petroleum fuels and petrochemical products from gas and condensate at its synfuels refinery outside Mossel Bay and the management of oil-storage facilities.

The Strategic Fuel Fund manages South Africa's strategic crude oil reserves. Oil Pollution Control SA, a CEF subsidiary company, provides oil prevention, control and clean-up services, mainly in South African ports and coastal areas, in terms of South Africa's National Environmental Management Act 1998, Act 107 of 1998.

Through its subsidiary, the Petroleum Agency of South Africa (PASA), the CEF manages the promotion and licensing of oil and gas exploration, development and production in South Africa and the coastal areas offshore, as part of creating a viable upstream oil industry in the country.

CEF subsidiary iGas acts as the official agent of the government for the development of the hydrocarbon gas industry, comprising liquefied natural gas and LPG in South Africa.
See the CEF; for more information.