The Department of Mineral and Petroleum Resources has reassured South Africans that the country currently faces no immediate risk of fuel shortages, despite rising global oil prices and ongoing geopolitical tensions affecting international markets.
In a media statement issued on Tuesday, the department said it remains in constant communication with oil companies operating in the country to ensure the stability and security of fuel supply.
The department is closely monitoring developments in the Middle East and their potential impact on global oil markets and fuel prices.
“While prolonged geopolitical tensions may exert pressure on international oil prices, the department wishes to assure the public that there is currently no immediate risk of fuel shortages in South Africa,” it said.
Despite the closure of several refineries in recent years, South Africa currently has two operational crude oil refineries, namely NATREF and Astron Energy, in addition to the Sasol…
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