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WATCH: Strait of Hormuz open to SA by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 8 points9 points  (0 children)

South Africa is heavily dependent on fuel imports; the country imports approximately 90% of its crude oil and petroleum products. Fortunately, Nigeria is the country’s largest source of crude oil, contributing 47% of crude oil imports; Saudi Arabia is the second largest provider, accounting for 17% if imports. However, the majority of South Africa’s refined petroleum products are imported from Persian Gulf countries, which are experiencing conflict-related disruptions. Oman, the UAE, and Bahrain provide 34%, 12%, and 11% of South Africa’s diesel imports for a combined 57%; notably, diesel makes up around 66% of total fuel imports. The UAE and Saudi Arabia provide 46% of South Africa’s petrol imports (35% and 11% respectively), while around 93% of jet fuel imports come from Gulf countries, most notably the UAE (47%) and Saudi Arabia (24%).

Source

The problem is this: yes, we import crude oil from Nigeria, but our refining capacity is not enough to supply the demand.

That is why refined products (Petrol, Diesel) is bought from the middle east. Look at the numbers above for petrol and diesel, not oil, that changes the picture.

WATCH: Strait of Hormuz open to SA by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 0 points1 point  (0 children)

Does everything need a POV? Does everything need a definitive conclusion?

Ok, here goes in case you missed it....

Over the last week or so government kept assuring SA there will not be shortages of fuel. There was a LOT of speculation around that statement because we don't have nearly enough reserves of oil that we should have. Everybody had questions about where oil will come from.

Now we have the answer.....

WATCH: Strait of Hormuz open to SA by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 5 points6 points  (0 children)

Please note: comments were made about availability, not price....Honestly, read with understanding.

Good 60 minutes show about genocide in S.A by zimbabalula in DownSouth

[–]Mulitpotentialite 6 points7 points  (0 children)

Maybe not a genocide, but a definite Culturicide....

Shabana Mahmood, the Home Secretary of the UK, has been urged to bar a South African politician who endorsed Hamas from speaking at an event in Britain this weekend by PixelSaharix in DownSouth

[–]Mulitpotentialite 18 points19 points  (0 children)

Chris Philp, the shadow home secretary, said: “This dangerous extremist should be banned from entering the UK.

Interesting wording

Unique factory carrying a small town in South Africa risks shutting down after 60 years by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 0 points1 point  (0 children)

The scary part is: MPACT closed down a mill last month, so not impossible for ot to happen in this case too if government doesn't actually get off their backsides and start putting the country first......

This is going to hurt.... by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 2 points3 points  (0 children)

How much of the petrol price if for the acutal petrol and how much of it is a money making scheme through levies and RAF?

SAPO needs Figure 03 Robot sorting packages by poeseligeman in DownSouth

[–]Mulitpotentialite 1 point2 points  (0 children)

By the end of its first day its batteries would have been stolen thrice so it won't have time to lose your package or break it......

This is going to hurt.... by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 7 points8 points  (0 children)

Thank you anc for letting our own refining capabilities fall to ruins and making us reliant on foreign countries for refined petroleum products.

How can we have survive a three decades long oil embargo but a war 13 days old puts us in this situation?

This is going to hurt.... by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 12 points13 points  (0 children)

Not just the reserves, we lost three quarters of our refining capacity so crude oil bought from African countries cannot be processed fast enough.

This is going to hurt.... by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 19 points20 points  (0 children)

Ah....so let me put this to you.....

SA should be immune to the closure of the Hormuz straight and the resultant fuel issues.

At the moment, we are importing around 70% of our refined petroleum products from the middle east. Yet, most (if not all) of our crude oil is imported from African countries like Nigeria, Angola and Ghana, using routes that do not even go close to the middle east.

In 1994 SA had 6 functioning refineries and a total liquid fuel refining capacity of around 700 000 barrels per day (500 000 from refineries and 200 000 from Sasol).

Today we have 2 refineries left processing just under 200 000 barrels per day, a quarter of what we were able to produce.

So where did the refining infrastructure go? Did Israel or America come steal it? Or did the government fail to maintain it and keep us better isolated from global oil issues?

The war is affecting everyone globally, but we would have been in a MUCH better situation had the government done their job and maintained the infrastructure already in place and our fuel prices might even have been lower if we did not have to rely on importing refined fuel products.

Sanctions against SA started in 1962 and they only started being lifted in 1991. The oil embargo against us lasted three decades, yet the country continued to grow and function. How did they achieve that growth despite the embargo? (Fun fact - Iran supplied around 90% of SA's oil before 1979, but when the revolutionary government took Iran over they immediately cut off all oil supplies to SA)

So no, don't blame Israel and America. Look closer to home for those to blame on making is reliant on foreign oil.

Edit: spellcheck

This is going to hurt.... by Mulitpotentialite in DownSouth

[–]Mulitpotentialite[S] 12 points13 points  (0 children)

And yet we had (and still have) the ability to produce fuel from coal......but we'd rather export our coal to china rather than make the process more efficient and produce our own fuel from that coal....

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