HIGHPOLICYGPWCKZNECLPMPNWFSNC SAnews.gov.za
Policy Change
Cabinet approves publication of petroleum stocks policy - ●Draft Strategic Petroleum Stocks Policy published for public comment, aiming to strengthen energy security and mitigate supply shocks.
- ●Proposes a mixed stockholding model with SANPC maintaining 60 days of net imports (crude and refined products), scaling to 90 days long-term.
- ●Policy may create procurement opportunities for storage infrastructure, refining capacity, and logistics related to strategic petroleum reserves.
- ●Integrated Social Facilitation Framework (ISFF) approved to standardise community engagement in infrastructure projects, reducing protest risks and delays.
- ●ISFF introduces accreditation for social facilitators, potentially creating demand for compliant service providers in infrastructure tenders.
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