Refineries shun new fuel specs without cost recovery
Industry is calling for a more practical implementation date and a suitable financial framework
27 September 2021 - 17:27
The SA petroleum industry wants the government to help it recover the cost of complying with new fuel specifications or face reduced local refining capacity which will have an adverse economic effect and threaten security of supply.
The call comes weeks after the department of mineral resources & energy published new petroleum specifications and standards to bring SA fuels up to a Euro 5 standard of cleaner fuel, effective from September 2023...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.