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In spite of a fuel shortage in Gauteng and a hike in the petrol price at midnight, the Fuel Retailers' Association (FRA) has asked the public not to engage in panic buying.
“The problem is not with the retailers,” Reggie Sibiya of the FRA told BusinessLIVE/I-Net Bridge.
He went on to deny rumours of retailers withholding petrol until the price hike came into place.
“Some petrol stations have run dry, but it's an on and off issue - they are not permanently dry.
“And, the situation isn't that the public can't get petrol at all - some stations will be able to supply petrol.”
Sibiya said the fuel shortage was “not new” but appeared to have come to the fore before the 34c per litre hike in all grades of petrol on Wednesday.
“The problem lies in that the supply chain is not functioning as it should with the closure of the Sapref refinery.”
The Sapref refinery in Durban is the country's largest. It stopped operating earlier this month after suffering continuing mechanical problems. It was estimated that the refinery would begin operating again in mid-February or early March.
Sibiya said the public should not engage in panic buying.
“Even though the price of petrol is going up and people think they'll make a huge saving by filling up before Wednesday, this isn't so.” - I-Net Bridge
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Karen, wrote
Of course we can save money by filling up at the last minute!! How can they claim it isn't so. Your tank needs filling and the more you can fill up at the old price the less you will need at the increased price. Maybe it isn't a huge amount but every cent saved is worth it. Look after the pennies and the pounds will look after themselves - an old saying, but so true. We all have to try and make do with less while prices keep going up. Once you have cut our the luxuries and bought the necessities at the lowest price possible and tried to stock pile when prices are down the longer you can last and the further your money will go in the long run.
Blacksmith, wrote
True. On a 60l capacity car you will only be saving around R20. If smokers can stop smoking they you can save that each and every day. Now that's something to panic over!
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