South Africa Plans 36 Million Barrels Petrol Reserve In 56 Years

13th July 2026

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South Africa is planning to boost its petroleum reserves to about 36 million barrels, 56 years after the Apartheid era.

The proposal was disclosed by South Africa’s Department of Mineral Resources and Energy (DMRE) through a draft Strategic Petroleum Stocks Policy released for public consultation.

The move comes as the country seeks to strengthen energy security following concerns over global…

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