SOUTH AFRICA STRUGGLES TO ENSURE SECURITY OF OIL AND GAS SUPPLIES
January 1st, 2008
BY BILL CORCORAN, in South Africa
SOUTH Africa is in a race against time to ensure the country's
burgeoning economy is not crippled by fuel shortages, forcing its oil and gas companies to innovate to ensure security of supply, notably from neighbouring countries.
The country's economy has development significantly in the 13 years
since the end of apartheid - an annual GDP growth rate of around 5%
has been recorded each year since 1998 - and South Africa is now easily the largest consumer of liquid fuels in the region.
While this extended boom is undoubtedly ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.