Showing posts with label Petroleum Industry. Show all posts
Showing posts with label Petroleum Industry. Show all posts

Friday, February 12, 2016

Nersa urged to check validity of Transnet hike bid

THE National Energy Regulator of SA (Nersa) must ensure that Transnet’s application for a tariff increase on its petroleum pipelines is indeed required for pipeline infrastructure and is not meant to cross-subsidise its rail projects.

Transnet Engineering workshops at Kilner Park Koedoespruit. Picture: ARNOLD PRONTO

This is according to transport economist Andrew Marsay.
He said on Thursday that because Transnet had not managed to raise enough money from its railway operations, it had resorted to cross-subsidising these with revenue from its pipelines and ports.

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