Bloomberg: South Africa’s ANC Backs Oil-Law Plan in Economic Policy Review

South Africa’s ruling African National Congress backed a plan to split legislation governing the oil and gas industry from mining laws as the party begins a review of its policies.

South Africa needs a separate law to account for the specific needs of the industries as the country prepares for the “potential game-changer” of oil, gas and shale exploration, the ANC said in a document due to be discussed at its National General Council meeting in October.

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