Central Energy Fund SOC Ltd (CEF)

Contact Details

Overview

The Central Energy Fund (CEF) is a Schedule 2 state-owned diversified energy company reporting to the Department of Mineral and Petroleum Resources (DMPR). The mandate of the CEF is derived from the CEF Act 38 of 1977 and the ministerial directives issued thereafter. Its mandate is to contribute to the security of the energy supply of South Africa and the region through exploration, acquisition, development, marketing and strategic partnership.

Established in the 1950s, the CEF has played a central role in ensuring South Africa’s energy security supply and making a significant contribution to the South African economy by contributing to the security of energy supply by providing affordable, reliable, diverse use of primary energy resources, and contributing to economic development; being a strategic partner to the DMPR by providing insights in support of policy development and regulation; aligning with government’s broad objectives (NDP); and acting as a vehicle for economic growth, poverty alleviation and economic transformation.

The mission of the CEF is to provide and enable sustainable energy security solutions for South Africa in order to contribute to economic development and alleviate poverty in an environmentally responsible manner. The vision of the CEF is to secure reliable and affordable diversified energy security solutions for the South African economy by 2030.

Overall, the CEF is responsible for the following five subsidiaries, which operate across the entire energy sector value chain, making up the CEF Group of Companies: AEMFC, which mines coal in Mpumalanga for supply to Eskom, iGAS which is a shareholder in the Mozambique-to-South Africa gas pipeline and is involved in the development of other gas delivery projects; PASA, which is the national petroleum and gas promotion and licensing agency; PetroSA, which is the largest subsidiary in the Group, operates a gas-to-liquids refinery that uses indigenous gas as feedstock, and is also a partner in a producing oil field in Ghana; and SFF, which manages strategic crude oil infrastructure, strategic crude oil stocks, and provides oil pollution control services in Saldanha Bay. Renewable energy activities of the holding company are managed through the Energy Projects Division. These include the identification of new joint venture investments in renewable and clean energy projects, and the management of existing joint ventures with other parties. CEF also manages the Equalisation Fund on behalf of government.

Overseeing Department/Entity

• Department of Mineral Resources and Energy (DMRE)

Tenders/Vacancies/Jobs

• Tenders | View tenders
• Vacancies/Jobs

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