Here’s Gwede Mantashe’s plan to ensure SA doesn’t run out of fuel
Government fuel storage “There is a compelling need for South Africa to have a Strategic Stocks Policy to enhance the state of readiness in the event of major oil supply disruptions,” noted the draft policy.
Mineral and Petroleum Resources minister Gwede Mantashe has published a draft policy that aims to ensure South Africa has enough emergency fuel supplies to keep the country running during global fuel shortages or price shocks.
This will be managed by the South African National Petroleum Company and will focus on 70% crude oil and 30% key refined products, including diesel, petrol and jet fuel, held in state-owned storage at Saldanha and Milnerton.
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