There’s no threat to SA’s fuel supply: Mantashe
Gwede Mantashe says the country has crude oil reserves sufficient for 30 days.
South Africa's Mineral and Petroleum Resources Minister, Gwede Mantashe, has reassured the public that there is currently no threat to the country's fuel supply. During a National Assembly session, Mantashe clarified that while the conflict in the Middle East and the Strait of Hormuz may impact fuel prices, the country currently has sufficient crude oil reserves to last for 30 days and adequate coal reserves at Sasol to support fuel production.
The primary concern, according to Mantashe, is the potential increase in fuel prices due to geopolitical tensions, rather than a shortage of fuel supply.
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