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Mantashe assures South Africa of a stable fuel supply amid the oil spike | SA News

Mineral Resources Minister Gwede Mantashe once again moved to assure South Africans that the country won’t run out of fuel despite geopolitical instability that has caused the fuel price to skyrocket. 

Delivering his budget vote address in the National Assembly on Tuesday, Mantashe said restoring and expanding the country’s refining capabilities is key to protecting it against such volatility. 

He’s warned that the current fuel levy suspension to limit the impact of the current fuel price is only temporary.

“The reality confronting us is that South Africa remains overly dependent on imported refined petroleum products. “

Mantashe said that current refining capacity can supply the…

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