The South African Petroleum Industry 2021
Price
R 9 500.00(ZAR) estimated $ 604.63 (USD)*
Report Coverage
This report focuses on the manufacture of petroleum products from crude oil and natural gas in South Africa, and the wholesale and retail trade of these products. Information on the manufacture of lubricating oils and greases and other petroleum/synthesised products is also included. The report contains comprehensive information on the state and size of the sector, developments and corporate actions, and statistics including sales, price and trade stats. There are profiles of 76 companies including state-owned PetroSA, major players such as Sasol and Engen, suppliers such as Easigas and refiners such as Natref.
The Petroleum Industry in South Africa
South Africa’s fuel sector, including petrol, diesel, jet fuel, illuminating paraffin, fuel oil, bitumen and liquefied petroleum gas, contributes about 8.5% to the country’s GDP while supplying about 18% of its primary energy. Investment in South Africa’s aging refineries is necessary to avoid a widening trade deficit for liquid fuels, particularly as half of the country’s six refineries currently remain shut. However, Karoo shale gas reserves and two recent gas discoveries could transform South Africa’s reliance on depleting local gas reserves and gas imports.
Pandemic Effect
While the petroleum sector was classified as an essential service, allowing fuel stations and refineries to continue operating during the pandemic, falling demand led to refineries shutting temporarily. Petrol sales fell by about 40% and diesel by 34% in 2020 due to a sharp decline in demand. The pandemic led to the oil price falling to US$37 a barrel for the first time in history. The collapse in fuel demand left many petrol stations struggling.
Rising Imports
The downstream refined product market has gradually shifted from a net export market to net imports. South Africa has a trade deficit in petrol and diesel, driven by demand from Eskom’s open cycle gas turbines, and demand from strategic sectors. South Africa is expected to become more dependent on fuel imports as the country’s six refineries face an uncertain future.
Table of Contents
| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | DESCRIPTION OF THE INDUSTRY | 1 |
| 2.1. | Industry Value Chain | 7 |
| 2.2. | Geographic Position | 10 |
| 3. | SIZE OF THE INDUSTRY | 11 |
| 4. | STATE OF THE INDUSTRY | 15 |
| 4.1. | Local | 15 |
| 4.1.1. | Trade | 30 |
| 4.1.2. | Corporate Actions | 35 |
| 4.1.3. | Regulations | 36 |
| 4.1.4. | Enterprise Development and Social Economic Development | 42 |
| 4.2. | Continental | 44 |
| 4.3. | International | 51 |
| 5. | INFLUENCING FACTORS | 54 |
| 5.1. | Coronavirus | 54 |
| 5.2. | Economic Environment | 56 |
| 5.3. | Government initiatives | 57 |
| 5.4. | Pricing | 58 |
| 5.5. | Carbon Tax | 61 |
| 5.6. | Clean Fuels | 62 |
| 5.7. | Fuel Service Station Franchising | 63 |
| 5.8. | Operating Costs | 64 |
| 5.9. | Technology, Research and Development (R&D) and Innovation | 66 |
| 5.10. | Labour | 67 |
| 5.11. | Environmental Concerns | 70 |
| 6. | COMPETITION | 72 |
| 6.1. | Barriers to Entry | 73 |
| 7. | SWOT ANALYSIS | 75 |
| 8. | OUTLOOK | 76 |
| 9. | INDUSTRY ASSOCIATIONS | 76 |
| 10. | REFERENCES | 77 |
| 10.1. | Publications | 77 |
| 10.2. | Websites | 78 |
| APPENDIX 1 - Summary of Notable players | 80 | |
| Refiners, Processors, Wholesalers and Retailers | 80 | |
| Lubricating oils and greases, primarily from other organic products | 86 | |
| Other Petroleum / Synthesised Products N.E.C. | 87 | |
| COMPANY PROFILES - REFINERS, PROCESSORS, WHOLESALERS AND RETAILERS | 89 | |
| AFRICAN GROUP LUBRICANTS (PTY) LTD | 89 | |
| AFRICAN OXYGEN LTD | 91 | |
| ASTRON ENERGY (PTY) LTD | 98 | |
| AVEDIA ENERGY (PTY) LTD | 101 | |
| BLACK KNIGHT OIL TRADERS (PTY) LTD | 103 | |
| BLENDCOR (PTY) LTD | 104 | |
| BLENDRITE CHEMICALS (PTY) LTD | 106 | |
| BLUE CHIP LUBRICANTS (PTY) LTD | 108 | |
| BP SOUTHERN AFRICA (PTY) LTD | 110 | |
| CAMEL FUELS (PTY) LTD | 113 | |
| DEOJAY PETROLEUM KZN (PTY) LTD | 115 | |
| DESAMARK (PTY) LTD | 117 | |
| DIESEL SUPPLY LOGISTICS (PTY) LTD | 119 | |
| EASIGAS (PTY) LTD | 121 | |
| ECON OIL AND ENERGY (PTY) LTD | 124 | |
| EFORA ENERGY LTD | 126 | |
| ELEGANT FUEL (PTY) LTD | 129 | |
| ENGEN PETROLEUM LTD | 131 | |
| FINISHING TOUCH TRADING 540 (PTY) LTD | 135 | |
| FORCE FUEL (PTY) LTD | 137 | |
| FPS BULK DIESEL (PTY) LTD | 139 | |
| FUCHS LUBRICANTS SOUTH AFRICA (PTY) LTD | 141 | |
| G U D HOLDINGS (PTY) LTD | 143 | |
| GERM AFRICA (PTY) LTD | 146 | |
| GULFSTREAM ENERGY (PTY) LTD | 148 | |
| HAMMERTONE FUELS (PTY) LTD | 150 | |
| HANDR SOUTH AFRICA (PTY) LTD | 152 | |
| IMBIZO PETROLEUM TRADERS (PTY) LTD | 154 | |
| KZN OILS (PTY) LTD | 155 | |
| MAKWANDE ENERGY TRADING (PTY) LTD | 157 | |
| MASANA PETROLEUM SOLUTIONS (PTY) LTD | 158 | |
| MDUBANE ENERGY SERVICES (PTY) LTD | 160 | |
| MOTOLUBE (PTY) LTD | 162 | |
| NATIONAL PETROLEUM REFINERS OF SOUTH AFRICA (PTY) LTD | 164 | |
| OMNIA HOLDINGS LTD | 166 | |
| ORYX OIL SOUTH AFRICA (PTY) LTD | 170 | |
| PETROLEUM MARKETING ORGANIZATION (PTY) LTD | 172 | |
| PETROLEUM OIL AND GAS CORPORATION OF SOUTH AFRICA SOC LTD (THE) | 174 | |
| PETROX (PTY) LTD | 177 | |
| PISTON POWER CHEMICALS (PTY) LTD | 178 | |
| PRIMAGAS CC | 180 | |
| PUMA ENERGY SOUTH AFRICA (PTY) LTD | 182 | |
| QUANTUM ENERGY CC | 184 | |
| QUEST PETROLEUM (PTY) LTD | 186 | |
| ROYALE ENERGY (PTY) LTD | 188 | |
| SASOL SOUTH AFRICA LTD | 190 | |
| SEBOKENG FUELS (PTY) LTD | 194 | |
| SHELL AND BP SOUTH AFRICAN PETROLEUM REFINERIES (PTY) LTD | 196 | |
| SHELL DOWNSTREAM SOUTH AFRICA (PTY) LTD | 200 | |
| SLG (PTY) LTD | 202 | |
| SPANJAARD LTD | 204 | |
| SUNBIRD ENERGY HOLDINGS (PTY) LTD | 208 | |
| TIPUBLOX (PTY) LTD | 209 | |
| TOSAS (PTY) LTD | 210 | |
| TOTAL SOUTH AFRICA (PTY) LTD | 212 | |
| TOTALGAZ SOUTHERN AFRICA (PTY) LTD | 215 | |
| TUNICA TRADING 59 (PTY) LTD | 218 | |
| TWM PETROLEUM SERVICES (PTY) LTD | 220 | |
| VAAL TRUCK INN (PTY) LTD | 221 | |
| VALSAR PETROLEUM (PTY) LTD | 223 | |
| VIVO ENERGY PLC | 224 | |
| VRYHEID PETROLEUM (PTY) LTD | 228 | |
| WINKELHAAK VERSPREIDERS CC | 230 | |
| ZAS PETROLEUM (PTY) LTD | 232 | |
| COMPANY PROFILES - LUBRICATING OILS AND GREASES, PRIMARILY FROM OTHER ORGANIC PRODUCTS | 234 | |
| ILLOVO SUGAR AFRICA (PTY) LTD | 234 | |
| TONGAAT HULETT LTD | 237 | |
| COMPANY PROFILES - OTHER PETROLEUM/SYNTHESISED PRODUCTS N.E.C. | 242 | |
| AFRICAN WAX (PTY) LTD | 242 | |
| BANZI TRADE 39 (PTY) LTD | 244 | |
| D H BROTHERS INDUSTRIES (PTY) LTD | 245 | |
| G PEARSON | 248 | |
| GOLDENGLO CANDLE AND SOAP MANUFACTURERS (PTY) LTD | 250 | |
| HANDR SOUTH AFRICA (PTY) LTD | 252 | |
| JARS GALORE (PTY) LTD | 254 | |
| KAPULA CANDLES SOUTH AFRICA (PTY) LTD | 256 | |
| LION MATCH PRODUCTS (PTY) LTD | 258 | |
| NATIONAL CANDLE AND WAX (PTY) LTD | 260 | |
| SASOL SOUTH AFRICA LTD | 261 | |
| SEA LAKE INVESTMENTS (PTY) LTD | 265 |
