M.Com. (Economics) / Please refer to full text to view abstract

The purpose of this study was to investigate the impact of the maintenance management system (MMS) on production output and profitability (PO&P) at the Petroleum Oil and Gas Corporation of South Africa (PetroSA) GTL Refinery as a source of competitive advantage. State-Owned Companies and, or more specifically the PetroSA GTL Refinery must maintain its strategic importance for government fuel security but, at the same time, it must compete against private refineries in terms of achieving high production volumes, maximising profitability and to maintain its stake of 6.5% of the available production capacity. The literature review for this study suggested that the maintenance management system (MMS) impacts positively on production output and profitability (PO&P). The MMS has a tremendous influence on PO&P at the PetroSA GTL Refinery. Using a quantitative research design, cross-sectional research survey and the Maintenance Scorecards (MS) assessment tool, this study was conducted on six areas of the PetroSA GTL Refinery. Two population groups, namely production and maintenance groups participated in the survey. Fifty-six respondents belonged to the maintenance group and thirty-eight respondents belonged to the Production Group. All the Maintenance and Production Group respondents completed the MS questions designed to fit the characteristics of these population groups. Correlation analysis in terms of the means, standard deviations, gap analysis, Pearson product moment correlation coefficient (r) as well as the coefficient of determination (R²) was used to analyse the data. The findings of the study indicated a moderate positive linear correlation between the MMS and PO&P. Recommendations based on the findings were tabled in chapter 7 to improve and enhance production perspective (asset health gap), safety perspective (asset prioritisation gap) and the learning and growth perspective (skills and working condition gap). / Business Management / M. Com. ((Business Management)

Thesis (MBA)--Stellenbosch University, 2003. / The relationship between foreign direct investment (FDI) and competitiveness in South Africa and Nigeria was investigated. Existing data available in literature was used to analyse trends with regards to FDI and competitiveness in South Africa and Nigeria over the last 10 years. According to the UNCTAD report (2002) in 1997, FDI in Africa was concentrated on five countries namely, Angola, Egypt, Morocco, Nigeria and South Africa. Nigeria in the last ten years has consistently outperformed South Africa with regards to the amount of FDI received; yet South Africa outperforms Nigeria on all the competitiveness indices. This has been primarily due to the fact that Nigeria's main source of FDI is the petroleum sector. In Africa 75% of FDI goes into countries endowed with petroleum and mineral resources with very few of these strangling to meet the above list of WAIPA reasons favourable for FDI. The ultimate goal of a nations competitiveness is to increase efficiencies under free and fair market conditions through foreign trade, production and investment. Main results of this study have been the following; • Oil is a major FDI attractor of FDI in Africa, and explains why Nigeria receives more FDI than South Africa. • Although Nigeria does not have a good competitive record relative to South Africa it does however offer competitive fiscal terms to IOC's to explore and exploit the countries abundant petroleum resources. • Oil wealth struggles to filter down to the people of the country, as Nigeria's per capita income remains about fifteen times lower than South Africa's, with its more efficient economy. • This study confirms the fact that many MNC's especially in Africa tend to be driven by resource-seeking opportunities and rather than efficiency seeking opportunities. Unfortunately many of the petroleum exporting countries are unable to use the wealth generated by the petroleum industry to enhance their global competitiveness. The problem is that many countries are not diversified enough and rely extensively on commodities to generate much needed revenue.

Submitted to School of Chemical and Metallurgical Engineering, Faculty of Engineering and the Built Environment, University of the Witwatersrand, Johannesburg, South Africa 24 August 2016 / The recent significant discoveries of gas in Mozambique could provide a much needed solution to the South African electricity crisis, but at what cost? This research report seeks to determine the economic viability of utilising Mozambican Gas to produce electricity by using data from the Integrated Resource Plan 2010-2030 Update of 2013 in a levelised cost of electricity model. The Mozambican gas fields are yet to be developed and the final price at which gas will be available is unclear, but a price range determined by ICF international in a study for the World Bank is assumed for the purposes of the study, with the results yielding a range levelised cost of energy. The results of the levelised cost determine that Mozambican gas can be utilised to provide an economical solution to the south African electricity crisis, but the price at which gas is available will determine the type of generation, either peaking power, midmerit and or baseload generation. / MT2017

The purpose of this study was to investigate the impact of the maintenance management system (MMS) on production output and profitability (PO&P) at the Petroleum Oil and Gas Corporation of South Africa (PetroSA) GTL Refinery as a source of competitive advantage. State-Owned Companies and, or more specifically the PetroSA GTL Refinery must maintain its strategic importance for government fuel security but, at the same time, it must compete against private refineries in terms of achieving high production volumes, maximising profitability and to maintain its stake of 6.5% of the available production capacity. The literature review for this study suggested that the maintenance management system (MMS) impacts positively on production output and profitability (PO&P). The MMS has a tremendous influence on PO&P at the PetroSA GTL Refinery. Using a quantitative research design, cross-sectional research survey and the Maintenance Scorecards (MS) assessment tool, this study was conducted on six areas of the PetroSA GTL Refinery. Two population groups, namely production and maintenance groups participated in the survey. Fifty-six respondents belonged to the maintenance group and thirty-eight respondents belonged to the Production Group. All the Maintenance and Production Group respondents completed the MS questions designed to fit the characteristics of these population groups. Correlation analysis in terms of the means, standard deviations, gap analysis, Pearson product moment correlation coefficient (r) as well as the coefficient of determination (R²) was used to analyse the data. The findings of the study indicated a moderate positive linear correlation between the MMS and PO&P. Recommendations based on the findings were tabled in chapter 7 to improve and enhance production perspective (asset health gap), safety perspective (asset prioritisation gap) and the learning and growth perspective (skills and working condition gap). / Business Management / M. Com. ((Business Management)

Thesis (MBA)--Stellenbosch University, 2004. / ENGLISH ABSTRACT: Although natural gas is utilised as a major source of energy in the world, in the past it has made a negligible contribution to the primary energy needs of Mozambique, Namibia and South Africa. This deviation from the rest of the world is in spite of known natural gas reserves in Mozambique, as well as off the coast of Namibia and South Africa. The reasons why natural gas is not a primary energy source of note in Southern Africa relate to the fact that cheap coal has always been available in abundance in South Africa, past exploration activities were focused on finding crude oil and regional conflicts prevented the development of the available natural reserves. The current interest in natural gas as a source of energy relates to the environmental advantages of natural gas over coal and crude oil, as well as the stated objective of the governments of Namibia and South Africa to diversify the energy supply to these countries The purpose of this study was to determine the economic impact of establishing a natural gasbased industry in Mozambique, Namibia and South Africa. To this end it was necessary to estimate the potential size of the natural gas reserves available in Southern Africa. It was also necessary to calculate the economic value to be added by utilising the few technologies applicable to Southern Africa to consume the natural gas. Based on the economic value added, it was recommended that initiatives to develop the available natural gas resources in Southern Africa should continue. When developing a natural gas-based industry, care must be taken to ensure that a balanced supply chain is established. The principle of a supply chain holds that there must be balanced growth through all the links of the supply chain. The principle of a supply chain highlights the balance to be played in developing the upstream segment as well as the downstream segment of a natural gas industry. Excessive rewards for risks taken by developers in the upstream segment of a natural gas supply chain will be to detriment of encouraging new consumers for natural gas. Significant efforts have been made to establish a regulatory framework in Mozambique, Namibia and South Africa to facilitate a balanced development of the available natural gas resources. There are however areas where the established regulatory framework does not adhere to these requirements and must therefore be reviewed. Several initiatives must also be launched to establish large volume anchor consumers for natural gas. These initiative include increased access to foreign capital as well as a pricing mechanism promoting the long-term development of natural gas resources Once large volume anchor consumers have been established, is will be a simple matter to grow the natural gas industry by adding smaller consumers to the established distribution infrastructure. / AFRIKAANSE OPSOMMING: Alhoewel natuurlike gas 'n belangrike bron van energie is vir die res van die wêreld, het natuurlike gas in die verlede 'n weglaatbare breukdeel van die primêre energiebehoeftes van Mosambiek, Namibië en Suid-Afrika voorsien. Hierdie verskil teenoor die res van die wêreld is ten spyte daarvan dat daar ontdekte natuurlike gasreserwes in Mosambiek sowel as in Namibiese en Suid-Afrikaanse gebiedswaters was. Die redes hoekom natuurlike gas nie 'n belangrike bron van primêre energie in Suidelike Afrika is nie, is te wyte aan die feit dat goedkoop steenkool nog altyd in oorvloed beskikbaar was in Suid-Afrika; dat eksplorasie aktiwiteite gefokus het op ruolie eerder as natuurlike gas en dat streekskonflikte verhoed het dat die beskikbare natuurlike gasbronne ontwikkel kon word. Die huidige belangstelling in natuurlike gas as 'n bron van energie is te wyte aan die omgewingsvoordele wat natuurlike gas inhou bo steenkool en ru-olie, sowel as die verklaarde beleid van die Namibiese en Suid-Afrikaanse regerings om die energieverskaffing aan hierdie lande te versprei tussen verskillende bronne. Die doel van hierdie studie was om die ekonomiese effek te bereken wat die onwikkeling van 'n natuurlike gasgebaseerde industrie in Mosambiek, Namibië en Suid-Afrika teweeg kan bring. Om die ekonomiese effek te bereken moes 'n skatting gemaak word van die verwagte grootte van beskibare natuurlike gasvelde in Suidelike Afrika. Dit was ook nodig om die ekonomiese toegevoegde waarde te bereken deur gebruik te maak van die beskikbare tegnologie, van toepassing op Suidelike Afrika, wat natuurlike gas kan verbruik. Gebaseer op die ekonomiese toegevoegde waarde is dit aanbeveel dat die pogings om die beskikbare natuurlike gasbronne in Suidelike Afrika te ontwikkel, moet voortgaan. Wanneer 'n natuurlike gas-gebaseerde industrie ontwikkel word, is dit belangrik dat 'n gebalanseerde verskaffingslyn geskep moet word. Die beginsel van 'n verskaffinglyn is dat daar eweredige groei in al die onderskeie komponente van die verskaffingslyn moet wees. Die beginsel van'n verskaffingslyn beklemtoon die balans wat gehandhaaf moet word tussen die stroom-op en stroom-af segmente van 'n natuurlike gas industrie. Oormatige beloning vir risiko's deur ontwikkelaars in the stroom-op segment van die natuurlike gasverskaffingslyn sal tot nadeel wees van nuwe verbruikers in die stroom-af segment. Daadwerlike pogings is aangewend om 'n regulatoriese raamwerk te skep binne Mosambiek, Namibië en Suid-Afrika sodat 'n gebalanseerde ontwikkeling van die beskikbare natuurlike gasbronne kan geskied. Daar is egter areas waar die regulatoriese raamwerk nie aan die vereistes voldoen nie en daarom sal dit hersien moet word. Verskeie aksies sal ook geloods moet word om hoë volume ankerkliënte van natuurlike gas te vestig. Hierdie aksies sluit verhoogde toegang tot buitelandse kapitaal, sowel as die ontwikkeling van 'n prysmeganisme wat die langtermynontwikkeling van die natuurlike gasbronne ten doel het. Sodra 'n hoë volume ankerkliënt gevestig is, is dit 'n eenvoudige aksie om groei in die natuurlike gas industrie te bewerkstellig deur kleiner kliënte by die bestaande verspreidingsinfrastruktuur te voeg.

M.Phil. / This research aims to establish and evaluate the main factors that influence the fuel industry in South Africa. The South African fuel industry, is influenced by different business, economical and logistical factors, which all contribute to a changing fuel environment as well as a changing fuel prices that vary on a monthly basis, as calculated by the Department of Mineral and Energy Affairs(DMEA). These factors including crude oil procurement, petroleum industry, synthetic fuel industry and geographical locations, are fundamentally important, and explained in more detail in the chapters to follow. Oil as main supply source to the fuel industry, plays a vital role to South Africa as industrial developing country. The crude oil imported from the eastern countries is refined into petroleum and alternative fuels, necessary to the economy. The oil price thus influences the petroleum price, which in turn influences the cost of food and accessories. This research will for this reason also focus on aspects such as the actual importation of crude oil, petroleum price structure, price zones, synfuels and alternative fuels, and the affect these aspects have on the fuel industry.