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Hr

SAPIA Petroleum Policy and Economics - INDIVIDUAL ASSIGNMENT

Title: The Structure and Regulatory Framework of the downstream industry in South Africa

1. INTRODUCTION
This paper will explore the regulatory environment that the downstream industry currently operates in. This will touch on the operation of each structure as well as relevant roles and responsibilities. The different policies and acts within each authoritative structure which supports their varied objectives will be dissected and further elaborated on. Finally the effects that current regulation has on the industry will be discussed as well as how possible alternatives could more effectively assist the industry in relation to the country’s demand for liquid fuels. Overall it will look at the environment that the industry operates in as well as the legal effects, laws, policies and restrictions that govern it.

2. CURRENT STRUCTURE & REGULATORY FRAMEWORK
The industry is regulated by the Department of......


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Approximate Word Count: 1161
Approximate Pages: 5 (250 words per double-spaced page)

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