Day: June 12, 2026

South Africa’s 60-day reserve plan

Now, Mineral and Petroleum Resources Minister Gwede Mantashe has made an announcement that the government intends to change this. A draft Strategic Petroleum Stocks Policy, to be submitted to Cabinet, proposes that the South African National Petroleum Company maintain reserves equivalent to 60 days of net imports of crude oil

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South Africa’s 60-day reserve plan

Now, Mineral and Petroleum Resources Minister Gwede Mantashe has made an announcement that the government intends to change this. A draft Strategic Petroleum Stocks Policy, to be submitted to Cabinet, proposes that the South African National Petroleum Company maintain reserves equivalent to 60 days of net imports of crude oil

Read More »