PASA
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Petroleum Agency SA also known as “PASA”, has been designated by the government as the official agency responsible for the promotion and regulation of South Africa’s petroleum resources. The agency regulates and monitors exploration and production activities and is the custodian of the national exploration and production database for petroleum.
Its role was statutorily endorsed in June 2004 in terms of the Mineral and Petroleum Resources Development Act of 2002 In terms of strategy, the agency actively seeks out technically competent and financially sound clients to whom it markets acreage, while ensuring that all prospecting and mining leases are for the long-term economic benefit of South Africa. By application of appropriate technology, the agency improves the understanding of the commercial potential of South Africa’s natural oil and gas resources in order to attract investment, both locally and internationally. PASA Vision A vibrant upstream petroleum industry in South Africa. PASA Mission To promote, facilitate and regulate exploration and sustainable development of oil and gas in South Africa. PASA aspires to be a world class organisation, committed to:
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