PetroSA

PetroSA

Company type	Public
Industry	Oil and gas industry
Founded	1965
Headquarters	Cape Town, Western Cape , South Africa
Key people	Ms Unathi Figlan (Chairperson) Mr Xolile Sizani (Group CEO)
Products	Petroleum Natural gas Petroleum products
Revenue	R 13.7 billion (2020)
Operating income	R 334 million (2020)
Net income	R (5.579 billion) (2020)
Total assets	R 14.394 billion (2020)
Total equity	R (4 464) billion (2020)
Owner	Government of South Africa
Number of employees	1486 (2020)
Parent	Central Energy Fund (SOC ) Ltd
Subsidiaries	PetroSA Ghana Limited (PGL) PetroSA Europe B.V.
Website	www.petrosa.co.za

PetroSA (The Petroleum, Oil and Gas Corporation of South Africa (SOC) Ltd.) is the national oil and gas company (NOC) of South Africa. Its main activities are the extraction of natural gas from offshore fields about 89 km from Mossel Bay, the production of synthetic fuels from this gas through a gas to liquids (GTL) process, and the extraction of crude oil from oil fields off the South Coast of South Africa.^[1] The GTL Refinery is located in Mossel Bay. Its capacity is about 45 000 bpd and processes both the gas and condensate to produce liquid fuels and chemicals. The company is also involved in the exploration for and development of new sources of oil and gas.