Economic regulation

The liquid fuels industry in South Africa is highly regulated. Currently there are licensing requirements and regulations pertaining to, among other things:

  • Importation and exportation of crude oil
  • Importation and exportation of petroleum products
  • Importation and exportation of blending components
  • Operation of petroleum pipelines, including setting of tariff structures
  • Operation of storage facilities and loading facilities, including approval of tariff structures
  • Manufacturing of petroleum products
  • Wholesale of fuels
  • Retailing of fuels, including the pump price of petrol by grade and location
  • Recovery of transport costs
  • Liquefied petroleum gas refinery gate price
  • Retail price for illuminating paraffin
  • Retail and wholesale margins
  • Petroleum products specifications and standards