Nersa grants Transnet 5% pipeline tariff increase
The National Energy Regulator of South Africa has granted Transnet a petroleum pipeline tariff increase that will allow the realisation of a 5.08% rise in revenue for the next year – well short of the nearly 20% applied for.
The new tariff is an increase from about R2.795-billion in 2013/14 to about R2.937-billion in 2014/15
This will result in a consequent petrol price rise of 3.8c/ℓ, or a 0.26% increase in the March retail price of 93 octane petrol in Gauteng, compared with the 7.03c/ℓ increase in inland petro- leum product prices had Transnet been granted the 19.88% hike it applied for.
Challenges EncounteredTransnet Pipelines, the prin- cipal operator of South Africa’s fuel pipeline system, encountered challenges in the construction of its new multiproduct pipeline project, which caused it to change its application “more than once”.
“These changes postponed the forecast dates at which certain new assets would be brought into operation and, consequently, postponed the dates on which these assets can be added to the regulatory asset base.”
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation














