South Africa's 60-day reserve plan

For many years, South Africa has carried one of the most uncomfortable open secrets in African energy policy, a country that imports roughly 90% of its liquid fuels, sitting on strategic petroleum reserves that could last barely two weeks. That number is not a misprint. While the infrastructure at Saldanha Bay theoretically holds enough crude oil for 88 days of consumption, what actually sits in those tanks is a fraction of that. Researchers from the Wits Business School African Energy Leadership Centre estimate current holdings at approximately 7.7 to 8 million barrels, enough to cover approximately 13 days of total liquid fuels demand. That is the real buffer standing between South Africa and a fuel crisis.

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