- SANPC enters second phase, targets full operations by 2027
- Energy firm seen lifting GDP, jobs and investor confidence
JOHANNESBURG, SOUTH AFRICA – South Africa’s new state-backed oil company has entered the second phase of its establishment, targeting full operations by 2026–2027 as it positions itself as a driver of growth.
The South African National Petroleum Company, known as SANPC, is moving from its formation stage into operational build-out, its executives said at an energy investment forum attended by regional and global players.
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