South Africa is set to enhance its energy security with a new Strategic Petroleum Stocks Policy, requiring the country to maintain fuel reserves equivalent to 60 days of net imports. This initiative, announced by Mineral and Petroleum Resources Minister Gwede Mantashe, aims to reduce vulnerability to global fuel supply disruptions and bolster the nation's resilience against future energy shocks.

Government seeks larger petroleum stockpile as geopolitical risks intensify

South Africa is set to enhance its energy security with a new Strategic Petroleum Stocks Policy, requiring the country to maintain fuel reserves equivalent to 60 days of net…