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The South African Petroleum Industry
BY Stephen Timm
South Africa
13 April 2021
R 14 400.00 (ZAR)  
estimated $ 989.27 (USD) *
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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.


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.


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