Question NW2708 to the Minister of Energy
17 September 2018 - NW2708
Dlamini, Mr MM to ask the Minister of Energy
What are the details of the country’s fuel reserves as at 1 September 2018?
Reply:
As at 01 September 2018, the Strategic Fuel Fund (SFF) terminal in Saldanha Bay was in possession of approximately 10.3 million barrels of crude oil whose legal title is a subject of a legal dispute between CEF (SOC) Ltd and three entities – Vitol SA, Glencore, and Talaveras.