Quick and Efficient Gas Business Plan — Appendix E: Glossary
Glossary of LPG, refill, regulated pricing and financial terms used throughout the Quick and Efficient Gas business plan.
Appendix E: Glossary
Jump to section
- Overview & contents
- i. Important Notice and Basis of Preparation
- 1. Executive Summary
- 2. The Business and the Regulated Price
- 3. Licensing, Safety and Compliance
- 4. Market and Customers
- 5. SWOT and Competitive Position
- 6. Operations
- 7. Financial Plan
- 8. Break-Even and Debt Service
- 9. Investment Analysis
- 10. Sensitivity and Scenario Analysis
- 11. The Margin Squeeze
- 12. Risk Analysis
- 13. Implementation Roadmap
- 14. Key Performance Indicators
- 15. Key Assumptions
- 16. Conclusion and Recommendation
- A. Appendix A: Consolidated Financial Summary
- B. Appendix B: Volume, Price and Cost Schedules
- C. Appendix C: Funding, Debt and Working Capital Schedules
- D. Appendix D: Risk Register
- E. Appendix E: Glossary
|
Term |
Meaning |
|---|---|
|
Basic fuels price |
The average monthly import parity value of 93 octane lead replacement petrol, from which the maximum refinery gate price for LPG is derived. |
|
Certificate of Conformity |
Required under the Pressure Equipment Regulations of the Occupational Health and Safety Act 85 of 1993, issued by a registered practitioner for the installation. |
|
Decanting |
Transferring LPG from a large cylinder into a smaller one. Unlawful and dangerous at an unapproved facility, and widespread. |
|
Fill loss |
Gas lost to vapour, purging and weighing tolerance — 1.8% in this plan, raising the effective cost from R30.80 to R31.36 a kilogram. |
|
Filling licence |
The authorisation without which a premises may not lawfully refill LPG cylinders. A gating requirement. |
|
Magisterial district zone |
The geographic unit by which the DMPR gazettes the maximum retail price. Johannesburg is Zone 9B at R378 a 9 kg cylinder. |
|
Maximum refinery gate price |
The regulated price at which a refinery may market LPG for domestic consumption, calculated monthly by CEF and effective the first Wednesday of each month. |
|
Maximum retail price |
The gazetted ceiling on the price of LPG sold in cylinders to domestic consumers. A shop may sell below it and may not sell above it. |
|
SANS 10087-3 |
The standard governing storage vessels of water capacity exceeding 500 litres — the bulk tank. |
|
SANS 10087-7 |
The standard governing storage and filling premises for cylinders up to 9 kg and storage of containers up to 48 kg. The core standard for a refill shop. |
|
SANS 10231 |
The standard governing the transport of dangerous goods, applying to the delivery vehicle, its driver and its equipment. |
|
SAQCC Gas |
The South African Qualification and Certification Committee for Gas. Filling and installation work must be done by registered practitioners. |
|
Tare weight |
The empty weight stamped on a cylinder, used as the reference when filling by mass on a calibrated scale. |
Quick and Efficient Gas (Pty) Ltd · Business Plan and Funding Proposal · August 2026 · Strictly Confidential