Gas Regulator Levies Act, 2002 (Act No. 75 of 2002)NoticesLevy and Interest payable on Piped-Gas IndustryNotice No. 5065 of 2024 |
Notice No. 5065
26 July 2024
GG 50979
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 2024/2025 financial year.
The levy for piped-gas is 48.308 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 181.9 million GJ per annum, as well as the 2024/25 Annual Performance Plan and budget requirement of R87,887,092 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 48.308 c/Gj for the 2024/25 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]
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Adv. Nomalanga Sithole
Chief Executive Officer