OUTA urges government transparency on South Africa's strategic oil reserves
Updated
Updated · EWN · Apr 29
OUTA urges government transparency on South Africa's strategic oil reserves
6 articles · Updated · EWN · Apr 29
OUTA's call follows the government's extension of the R3 fuel levy relief for another month to address high fuel prices.
OUTA CEO Wayne Duvenage highlights ongoing uncertainty about the adequacy of the country's fuel reserves and suggests releasing reserves to reduce costs.
The organisation welcomes the fuel levy extension but stresses that transparency on oil reserves is crucial for managing future fuel price pressures.
Who leased out fuel storage, leaving South Africa with only 25 days of reserves?
Is the R6 billion fuel levy relief a band-aid on a collapsing energy system?
Is South Africa's fuel crisis pushing its households beyond their financial breaking point?
What is the long-term plan to fix South Africa's broken fuel refining capacity?
Could revealing low oil reserves cause more panic and worsen the current fuel crisis?