The liquid fuels industry in South Africa is highly regulated. Currently there are licensing requirements and regulations pertaining to, among other things:
- Importation and exportation of crude oil
- Importation and exportation of petroleum products
- Importation and exportation of blending components
- Operation of petroleum pipelines, including setting of tariff structures
- Operation of storage facilities and loading facilities, including approval of tariff structures
- Manufacturing of petroleum products
- Wholesale of fuels
- Retailing of fuels, including the pump price of petrol by grade and location
- Recovery of transport costs
- Liquefied petroleum gas refinery gate price
- Retail price for illuminating paraffin
- Retail and wholesale margins
- Petroleum products specifications and standards