Home South Africa News PetroSA to begin hearings into unauthorised crude oil sale

PetroSA to begin hearings into unauthorised crude oil sale


PetroSA begin hearings into the unauthorized sale of South Africa’s crude oil reserves on Monday.

The sale of 10.3-million barrels happened between December 2015 and March 2016.

This was during Tina Joemat-Petersen’s tenure as energy minister, who at the time, denied the sale.

She told Parliament that it was instead a strategic rotation of oil resources.

The Strategic Fuel Fund commissioned a forensic report, while the Hawks also probed the matter.

Source: eNCA

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Boity Thulo

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