The objects of this Act are to—
| (a) | promote competition in the construction and operation of petroleum pipelines, loading facilities and storage facilities; |
| (b) | promote the efficient, effective, sustainable and orderly development, operation and use of petroleum pipelines, loading facilities and storage facilities; |
| (c) | ensure the safe, efficient, economic and environmentally responsible transport, loading and storage of petroleum; |
| (d) | promote equitable access to petroleum pipelines, loading facilities and storage facilities; |
| (e) | facilitate investment in the petroleum pipeline industry; |
| (f) | provide for the security of petroleum pipelines and related infrastructure; |
| (g) | promote companies in the petroleum pipeline industry that are owned or controlled by historically disadvantaged South Africans, by means of licence conditions to enable them to become competitive; |
| (i) | promote access to affordable petroleum products; and |
| (j) | ensure an appropriate supply of petroleum to meet market requirements. |
