Mr Mkhize stated that the National Energy Regulator of South Africa (NERSA) regulates the industry, through licenses, attempts to ensure HDSA empowerment and approved tariffs and prices. The Gas Amendment Bill seeks to promote companies in the industry that are owned or controlled by HDSAs, and sets gas sector-specific requirements, promotes equitable provision of gas transmission, storage, distribution, trading, compression, liquefaction and regasification services, and also promotes skills development and Broad Based Black Economic Empowerment (BBBEE) in the gas industry and development of competitive markets for gas and gas services. This Bill is still being discussed at National Economic Development and Labour Council (Nedlac), there has been a public consultation and the bill should shortly be taken to Cabinet for approval.