PetroSA’s rehabilitation fund shortfall is a ticking timebomb

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PetroSA is facing a multibillion-rand shortfall in the funds needed to safely decommission its oil and gas facilities, raising concerns about environmental risks and who will ultimately foot the bill. A new Daily Maverick investigation puts the spotlight on the state-owned company’s rehabilitation liabilities, amid liquidation proceedings and questions about accountability and the protection of public funds.

GUEST: Michael Marchant Researcher at the Open Secrets project

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