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Oil & Gas

South Africa Petroleum Body Wants Antitrust Exemption

June 27, 2011
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According to Bloomberg, the South African Petroleum Industry Association, whose members include the local units of BP, Chevron, Total SA and Petroliam Nasional Bhd, wants the nation’s antitrust body to give it conditional exemption from competition laws to ensure supply security, Business Day said. The exemption would allow collaboration in sharing infrastructure, the Johannesburg-based newspaper reported, citing Chairman Maurice Radebe. The companies, through the body that’s known as Sapia, received unconditional exemption until Aug. 31, 2010, to secure supply during the FIFA 2010 World Cup of soccer, it said. The association filed another application for September last year through December 2015.

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