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Public has less than 30-days to comment on the Petroleum Company Draft Bill

# The public has less than 30 days to comment on the South African National Petroleum Company Draft Bill proposed by Energy minister Gwede Mantashe. The bill aims to establish the company, ensuring proper governance, consolidating, and transferring assets in line with relevant legislation. The company is envisioned as the state’s facilitator of energy infrastructure across the value chain, managing exploration and production rights, and ensuring sustainable development of petroleum resources. The bill outlines aspects like cooperative governance, board functions, and funding for effective company operation.