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

PetroSA to begin hearings into unauthorised crude oil sale

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PetroSA

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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