Gas Regulator Levies Act, 2002 (Act No. 75 of 2002)

Notices

Levy and Interest payable on Piped-Gas Industry

Notice No. 4465 of 2024

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Notice No. 4465

25 March 2024

GG 50367

 

Department of Mineral Resources and Energy

 

National Energy Regulator of South Africa

 

Notice in terms of Section 2(7) of the Gas Regulator Levies Act, 2002 (Act No. 75 of 2002)

 

The Minister of Mineral Resources and Energy, in concurrence with the Minister of Finance, has approved the budget and levies for the piped-gas industry in terms of section 2(4) of the Gas Regulator Levies Act , 2002 (Act No. 75 of 2002), as proposed by the National Energy Regulator of South Africa (NERSA), for the 2023/2024 financial year.

 

The levy for piped-gas is 45.789 c/Gj in respect of the amount of gas, measured in gigajoule, delivered by importers and producers to the inlet flanges of transmission or distribution pipelines, and will be paid by the person holding the title to the gas at the inlet flange.

 

The interest on late payment for the piped-gas levy is determined in terms of section 4(2) of the Gas Regulator Levies Act, 2002.

 

The levy was determined based on an estimated volume of 167.8 million GJ per annum, as well as the 2023/24 Annual Performance Plan and budget requirement of R76,849,749 for the regulation of the piped-gas industry.

 

NERSA, acting under section 2(7) of the Gas Regulator Levies Act, 2002, hereby publishes the notice on the imposition of the levies for the piped-gas industry at 45.789 c/Gj for the 2023/24 financial year, as approved by the Minister of Mineral Resources and Energy, in concurrence with the Minister of Finance.

 

Enquiries are to be directed at: the Chief Financial Officer, Ms Bulelwa Pono, on telephone number: 012 401 4621 or at [email protected]

 

 

_____________________________________

Adv. Nomalanga Sithole

Chief Executive Officer