GOLD 1305.73 $/ozChange: -6.90
PLATINUM 1483.50 $/ozChange: -5.00
R/$ exchange 10.63Change: -0.03
R/€ exchange 14.34Change: 0.00
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
 
Home
 
Magazine
 
Features Library
 
Electra Mining
 
 
New Report Available
 
Creamer Media publishes Liquid Fuels 2012: A review of South Africa's liquid fuels sector report
PRINT
 
 
Embed Code Close
content
 
10th September 2012
TEXT SIZE
Text Smaller Disabled Text Bigger
 

Demand for liquid fuel products in South Africa currently exceeds the country’s ability to manufacture such products. While the shortfall is generally met through imported refined fuel, the country has experienced localised incidents of liquid fuel shortages. In recent times, these shortages have increased in frequency and severity, creating fears about the country’s future security of liquid fuels supply.

Debate is rife about which strategy should be pursued to ensure the future security of South Africa’s liquid fuel supply. State-owned company, PetroSA, is strongly advocating the development of a new crude oil refinery. However, other options exist, such as the development of a new coal-to-liquids refinery, the upgrading of existing refineries, or importing the increased quantities of refined fuels, are also advocated. Amid this debate companies in the local liquid fuels sector are preparing for the roll-out of new fuel specifications in 2017, which will require refinery upgrades.

This report provides an overview of South Africa’s liquid fuels market, including the business environment, oil and gas production and exploration, crude oil refining and imports, competition, logistics and security of supply among other issues.

To purchase a copy of the report, click here.

To subscribe to Mining Weekly's print magazine email subscriptions@creamermedia.co.za or buy now.

FULL Access to Mining Weekly and Engineering News - Subscribe Now!
Subscribe Now Login