The cabinet has approved the proposed appointment of a restructuring company to help merge three state-owned oil and gas subsidiaries into a single national petroleum company.

This would mean merging PetroSA, the Strategic Fuel Fund (SFF) and iGas, which all fall under the state energy company, the Central Energy Fund (CEF)...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now