Will South Africa Run Out Of Petrol? - James Lorimer - Common Sense Conversations

Gabriel Makin and James Lorimer unpack South Africa’s oil supply, the impact of the Iran war, and the country’s untapped energy potential.

Gabriel Makin

-34 min
YouTube

In this clip, Gabriel and James Lorimer explain where South Africa's oil, diesel, and petrol comes from, how much is imported and how much is domestically produced, problems in the domestic refining industry, how fuel prices are determined, the effect the Iran war is having on South African supply, why new local oil and gas exploration efforts keep getting sabotaged, and why the country needs to develop new offshore oil and gas industries.

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