Gas Act 48 of 2001
1 November 2005
The objects of The Gas Act 48 of 2001 are to:
- promote the efficient, effective, sustainable and orderly development and operation of gas transmission, storage, distribution, liquefaction and re-gasification facilities and the provision of efficient, effective and sustainable gas transmission, storage, distribution, liquefaction, re-gasification and trading services;
- facilitate investment in the gas industry;
- ensure the safe, efficient, economic and environmentally responsible transmission, distribution, storage, liquefaction and re-gasification of gas;
- promote companies in the gas industry that are owned or controlled by historically disadvantaged South Africans by means of licence conditions so as to enable them to become competitive;
- ensure that gas transmission, storage, distribution, trading, liquefaction and re-gasification services are provided on an equitable basis and that the interests and needs of all parties concerned are taken into consideration;
- promote skills among employees in the gas industry;
- promote employment equity in the gas industry;
- promote the development of competitive markets for gas and gas services;
- facilitate gas trade between the Republic and other countries; and
- promote access to gas in an affordable and safe manner.