Скачать или смотреть AEC Executive Chairman NJ Ayuk on the launch of SANPC

Our Executive Chairman, NJ Ayuk, delivered a powerful address at the official launch of the South African National Petroleum Company (SANPC), a pivotal moment for the country’s energy landscape.

Presided over by the Hon. Gwede Mantashe, Minister of Mineral and Petroleum Resources, the launch marks the operational start of SANPC, a bold new state-owned entity formed through the merger of iGas, PetroSA, and the Strategic Fuel Fund Association.

Mr Ayuk praised SANPC as a vital step toward reducing #SouthAfrica’s dependence on imported fuel and empowering the country to manage its own petroleum resources more effectively. He highlighted the progress already being made, including signs of reduced load shedding and ongoing efforts to stabilise the power grid.

“This is a defining moment,” said Ayuk. “True transformation starts at home. SANPC is a powerful platform for local innovation, investment, and leadership. It’s about creating an energy sector that’s resilient, sustainable, and proudly South African.”

In his remarks, NJ Ayuk emphasised the significance of this transformation, stating.

“We have drawn lessons from the mistakes and successes of others. Now, we have the opportunity to chart our own course. SANPC must lead in championing Brand South Africa on the global energy stage.”

The creation of SANPC is more than a structural change — it’s a strategic move to:
• Strengthen South Africa’s energy security
• Reduce reliance on imported petroleum products
• Unlock better governance and management of national petroleum assets

This is not just a national milestone — it’s a continental statement of intent. Africa is rising, and South Africa is positioning itself as a serious player in shaping its energy destiny.

#SANPC #SouthAfricaEnergy #NJAyuk #AfricanEnergy #PetroleumLeadership #EnergySecurity #AfricanEnergyChamber #BrandSouthAfrica #EnergyTransition