Petroleum Pipelines Levies Act, 2004 (Act No. 28 of 2004)

Notice No. 919

29 August 2018

GG 41872

National Energy Regulator

NOTICE IN TERMS OF SECTION 2(7) OF THE PETROLEUM PIPELINES LEVIES ACT, 2004 (ACT NO. 28 OF 2004)

The Minister of Energy in concurrence with the Minister of Finance has approved the budget and levies for the pipelines industry in terms of section 2(4) of the Petroleum Pipelines Levies Act, 2004 (Act No. 28 of 2004) as proposed by the National Energy Regulator for the 2018/19 financial year.

The levy for petroleum pipelines is 0.38689 c/l, in respect of the amount of petroleum, measured in litres, delivered by importers, refiners and producers to the inlet flanges of petroleum pipelines and will be paid by the person holding the title to the petroleum immediately after it has entered the inlet flange.

The interest calculation for the piped-gas levy is determined in terms of section 4(2) of the Petroleum Pipelines Levies Act, 2004 (Act No. 28 of 2004).

The levy was determined based on an estimated volume of 17.7 billion litres per annum, as well as the 2018/19 Annual Performance Plan and Budget requirement of R68,321,736 for the regulation of the petroleum pipelines industry.

The National Energy Regulator, acting under section 2(7) of the Petroleum Pipelines Levies Act, 2004 (Act No. 28 of 2004), hereby publishes the notice on the imposition of the levies for the piped-gas industry at 0.38689 c/l for the 2018/19 financial year, as approved by the Minister of Energy in concurrence with the Minister of Finance.

Enquiries are to be directed at:  the Chief Financial Officer, Mr. Willem Strauss, on telephone number : 012 401 4621.

...............................

Christopher Forlee

CHIEF EXECUTIVE OFFICER