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The Rules of the Game


  • In South Africa, we have great policies but the implementation is not monitored because we don't have the people capable of enforcing the legislation and that is where the critical issue has to be addressed.
  • You must also have good people within the government to do the legislation, and of course it needs to be done in a fair and unbiased fashion, because as soon as you see governments favoring some parties over others, that leads to investors getting concerned that there are favorites in the game.
  • The critical thing is the need for a fair price at the transfer point, and you must either allow that to occur as a consequence of the market, or, if there is legislation, the legislation must specify that it is a fair price for both the gas producers to make a return on their investments and the power generators to survive on their side.



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Dave WrightSouth Africa National Energy Associationnatural gasSouth AfricaEskom

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