PetroSA is facing liquidation proceedings while grappling with an estimated R10.1-billion in environmental rehabilitation and decommissioning liabilities, against just R3.1-billion in ring-fenced funds.

The National Briefing · Oct 14, 2026 · 8m

PetroSA is facing liquidation proceedings while grappling with an estimated R10.1-billion in environmental rehabilitation and decommissioning liabilities, against just R3.1-billion in ring-fenced funds. That leaves a potential shortfall of between R6.6-billion and R7-billion, raising serious questions about the future of abandoned oil and gas infrastructure, accountability at state-owned enterprises, and whether taxpayers could ultimately foot the bill.

Guest: Khaya Sithole - Director at Corusca Consulting