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South Africa Strategic Petroleum Reserve Expansion

Sector: Oil and Gas • Location: South Africa

Source: Hiru News

Project
Planned

South Africa’s Department of Mineral Resources and Energy (DMRE) published a draft policy to scale up its strategic oil reserves. The state-owned South African National Petroleum Company (SANPC) will build and maintain strategic reserves equal to 60 days of national demand or net imports, eventually increasing to 90 days, totaling about 36 million barrels, consisting of roughly 70% crude oil and 3

Status
Prospective
Sector
Oil and Gas
Location
South Africa
Updated
22 Jul 2026
Source
Hiru News

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Project Information

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The project “South Africa Strategic Petroleum Reserve Expansion” is an infrastructure initiative in the Oil and Gas sector, located in South Africa. Taiyo aggregates data on it from Hiru News.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

South Africa’s Department of Mineral Resources and Energy (DMRE) published a draft policy to scale up its strategic oil reserves. The state-owned South African National Petroleum Company (SANPC) will build and maintain strategic reserves equal to 60 days of national demand or net imports, eventually increasing to 90 days, totaling about 36 million barrels, consisting of roughly 70% crude oil and 30% refined fuels.

Original sector

Energy

Location

Country

South Africa

Source

Source

Hiru News

URL

More Details

Record type

Project

Sector

Oil and Gas

Article published date

2026-07-20

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