Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Don't panic over petrol, say Sapia, state

Jul 15 2011 14:26 I-Net Bridge

Related Articles

Busa: Strikers could lose by holding out

Fuel strike: Wage talks to resume

Strike deepens as more join stoppages

Fuel sector talks to start soon

Strike damaging economy, warn analysts

Tweet if you find fuel

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print
Johannesburg - The South African Petroleum Industry Association (Sapia) and the department of energy have urged the public not to panic over fuel supply shortages, as they say that both parties are doing everything possible to ensure continuity of supply.

The association and the department noted, however, that the strike has not hindered the supply of jet fuel and commercial airlines are therefore not affected.

The total number of garages affected is changing continuously almost on an hourly basis, depending on supply and demand, the parties said in a joint statement. The situation is being closely monitored and revised contingencies are in place to address the backlog.

Depots affected included Alrode, Waltloo, Langlaagte, Germiston and Mamelodi, while supply to coastal areas remains limited.

"Sapia and its members have been working very closely with the department of energy to limit the effect of the strike on the public. However, they have noted with concern that members of the public are bringing empty containers to petrol garages in an attempt to buy fuel.

"This is an extremely dangerous practice and illegal in terms of health, safety and environmental regulations, and the public is encouraged to trust in the processes put in place to mitigate the current fuel supply backlogs," they said.

The strike, in its fifth day, is led by the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union, the General Industries Union of SA and the South African Chemical Workers Union.


 
 
Comment on this story
6 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...