(1) (a) Yes, (b) In terms of SFF Association’s memorandum of incorporation, SFF’s main business is to carry on the business of facilitating the exploitation of fuels and commodities which are or may become of strategic importance to the Republic of South Africa, not for gain but solely in the communal interests of the general public, and to perform any other acts towards this end, (c) No, (d) Costs incurred by SFF were limited to travelling costs of SFF employees who were participating Equatorial Guinea projects.
(2) (a) There is a letter from the then Minister of Energy addressed to EG’s Minister of Energy acknowledging SFF’s participation in negotiations relating to the project, (b) this is a matter regulated by SFF’s Memorandum of Incorporation, (c) The parameters of the project are yet to be defined including SFF’s obligations on the project, (d) the capital expenditure budget has not been defined pending the conclusion of negotiations between the parties that will spell out SFF’s obligations.