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PetroSA information


PetroSA
Company typePublic
IndustryOil and gas industry
Founded1965
Headquarters
Cape Town, Western Cape
,
South Africa
Key people
Nkululeko Poya (Chairman)
Sandisiwe Ncemane (Group CEO)
ProductsPetroleum
Natural gas
Petroleum products
RevenueIncreaseR 13.7 billion (2020)
Operating income
DecreaseR 334 million (2020)
Net income
DecreaseR (5.579 billion) (2020)
Total assetsDecreaseR 14.394 billion (2020)
Total equityDecreaseR (4 464) billion (2020)
OwnerGovernment of South Africa
Number of employees
1486 (2020)
ParentCentral Energy Fund (SOC ) Ltd
Subsidiaries
  • PetroSA Ghana Limited (PGL)
  • PetroSA Europe B.V.
Websitewww.petrosa.co.za

PetroSA (The Petroleum, Oil and Gas Corporation of South Africa (SOC) Ltd.) is the national oil and gas company (NOC) of South Africa. Its main activities are the extraction of natural gas from offshore fields about 89 km from Mossel Bay, the production of synthetic fuels from this gas through a gas to liquids (GTL) process, and the extraction of crude oil from oil fields off the South Coast of South Africa.[1] The GTL Refinery is located in Mossel Bay. Its capacity is about 45 000 bpd and processes both the gas and condensate to produce liquid fuels and chemicals. The company is also involved in the exploration for and development of new sources of oil and gas.

  1. ^ "PetroSA". CEF. Retrieved 25 December 2011.

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