SANPC: South Africa’s newest state-owned enterprise open for business

The South African

Minister Gwede Mantashe launches South African National Petroleum Company (SANPC) to enhance energy security and manage petroleum assets effectively. The state-owned enterprise is a merger of PetroSA, iGas, and Strategic Fuel Fund Association, aiming to reduce fuel imports and attract investors. Mantashe stresses the importance of partnerships and investment in the evolving global energy landscape.
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