• SABC shenanigans

    SA has already embarked on a slippery slope to autocracy, warns Terry Bell in Inside Labour.

  • Zim tastes people power

    Protests in Zimbabwe are forcing Mugabe to face anti-government sentiment, says Memory Mataranyika.

  • Platinum handshake

    Officials who try to do what's right risk far more than blessed wrongdoers, says Solly Moeng.

All data is delayed
Loading...
See More

No need for panic over petrol

Oct 01 2012 09:59

Cape Town - Motorists have been urged not to panic about fuel running dry ahead of the latest petrol price hike kicking in on Wednesday.

Eye Witness News (EWN) reported on Monday that the South African Petroleum Industry Association (Sapia) said on Friday contingency plans were in place amid concerns the week-long truck drivers strike could affect delivery.

The association said they were not part of the strike, and it is unlikely fuel supplies will be affected.

It, however warned of a possible delay in deliveries.

The Department of Energy announced on Friday an increase of 21c and 23c in the pump price of 93- and 95 octane respectively.

The increases were due to higher international prices and a weaker rand.

In July last year, hundreds of petrol stations, especially in Gauteng, ran dry due to a strike in the petroleum sector which prevented delivery trucks from transporting fuel from depots to filling stations.

It is feared that the current strike by truck drivers since September 24 could lead to fuel shortages, especially because of the expected rush on pumps before the pretol price hike kicks in on Wednesday.

Sapia said owing to the petrol price increase, there will be higher demand, putting filling stations under pressure irrespective of the strike.

"There will be some stations running short of some products from time to time, but oil companies have adequate contingency plans in place. We are definitely not yet in the same situation as during last year's strike," Sapia said.

The Road Freight Employers Association (RFEA) and Unions were in talks on Friday, Saturday and Sunday but unfortunately parties have been unable to resolve the dispute, the RFEA said in a statement.

*Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.  

 
sapia  |  petrol price  |  transport strike

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
43 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE SAVINGS ISSUE

Saving can make a lot of things possible, but we all know how hard it is to save. This special Savings Issue will help you get focused.
 

Money Clinic

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

Voting Booth

Sarb's decision to keep the repo rate unchanged is:

Previous results · Suggest a vote

Loading...