Industry Overview
Energy is a key strategic sector in the South African economy because it underpins the growth and developmental objectives set out by government.
The petroleum industry contributes to the South African economy by:
- contributing 2% of South Africa’s gross domestic product;
- supplying about 18% of South Africa’s primary energy;
- manufacturing more than 90% of South Africa’s petroleum products;
- supporting employment for over 100 000 people directly or indirectly;
- selling approximately 24.9-billion litres of petroleum products annually;
- investing R30-billion in refinery technology for the production of unleaded petrol and low sulphur diesel;
- spending more than R115-million on corporate social investment initiatives in 2009; and
- collecting over R35-billion in fuel taxes on petrol, diesel and paraffin which is an important source of revenue for the government.
(2009 data)
This section of the website contains information about the South African fuel industry, the fuel price, statistics and graphs, legislation and economic regulation.