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Home » “No need for fuel panic buying” –Mineral and Petroleum Resources
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“No need for fuel panic buying” –Mineral and Petroleum Resources

Larson ThebeBy Larson Thebe1 month agoUpdated:1 month agoNo Comments6 Views
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The Department of Mineral and Petroleum Resources has described reports that the country will soon face a fuel shortage as misleading.

The department says such reports are being spread by certain organisations, public representatives, commentators and social media users.

It implored them to act responsibly and to refrain from spreading unverified or speculative claims regarding fuel supply and fuel price developments.

“The department has noted with concern the circulation of statements and messages by certain organisations and individuals encouraging members of the public to rush to filling stations due to a perceived fuel shortage and anticipated fuel price increases. The Department and Fuels Industry Association wish to firmly reiterate that South Africa’s fuel supply remains stable in the immediate term, and there is no basis for panic-buying,” said Lerato Ntsoko, the department’s Head of Communications.

Fuel prices have increased due to escalating tensions in the Middle East, with Brent Crude oil prices surging past $100 per barrel this month. 

According to the United Nations, the conflict has caused significant disruption to shipping routes and volatility in global energy markets, creating substantial upward pressure on petrol and diesel prices.

Ntsoko however acknowledged that there might be challenges in some areas, the situation is under control.

“While there may be isolated localised logistical challenges affecting the movement or availability of fuel in certain areas, these are operational in nature and do not constitute a national supply shortage. 

These issues are being actively managed through established industry and regulatory channels.

It is therefore incorrect and misleading to link such isolated domestic logistical matters to broader geopolitical developments,” explained Ntsoko.

Ntsoko warned that the misleading reports about panic buying, might create unnecessary alarm and confusion among the public.

“Calls for the public to rush to the pumps are irresponsible. 

They place undue pressure on supply systems, congestion at service stations, and anxiety among consumers.

Members of the public are encouraged to continue purchasing fuel in the normal course and to rely on official government communication for accurate and verified information,” explained Ntsoko. 

Furthermore, the Department and the Fuels Industry Association assured the nation that they will continue to monitor the situation closely and will communicate any confirmed developments through official channels.

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  • Larson Thebe
    Larson Thebe
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