The Fuels Industry Association of South Africa was established in 1994 under the auspices of former president Nelson Mandela to represent the collective interests of the South African liquid fuels industry and to usher South Africa’s vital liquid fuels industry into a new democratic era.
Seelan Naidoo, Chief Executive Officer of Engen Petroleum Limited is the Chairperson of the Fuels Industry Association of South Africa for the year 2024 – 2025.
He is the 26th industry leader to chair the association since its establishment in July 1994.
The Fuels Industry Association of South Africa opened its membership in 2012 to accommodate both existing and potential marketers in the petroleum and refinery market. Membership is available to companies participating in the refining and marketing of petroleum products.
The oil industry is divided into upstream and downstream activities. Upstream refers to the exploration and production of crude oil. Downstream refers to the refining, transportation and marketing of end-user products.
The petrol retail price is regulated by government and changed every month on the first Wednesday of the month.
Under the threat from international oil sanctions in the past, the liquid fuel industry was losing less governmental intervention and regulation.
The Fuels Industry Association of South Africa takes pride in proactively engaging with key stakeholders, providing research information, expert advice and communicating the industry’s views.
For Media queries, please contact
Head Communication: Phila Mzamo
Mobile: 066 423 2319
Email: communication@fuelsindustry.org.za
press release
1 April 2022, Johannesburg – The South African Petroleum Industry Association (SAPIA) notes the joint announcement by Ministers Enoch Godongwana and Gwede Mantashe on the short-term relief measures to address fuel price increases. These measures would immediately relieve consumers impacted by the rising prices of fuel.
On 25 March 2022, SAPIA presented alternatives and considerations to mitigate the impact to the fuel price increases to the Portfolio Committee on Mineral Resources and Energy (PCMRE).
SAPIA is pleased that the recommendations have been considered in the “two-phase approach” which includes the temporary reduction in the general fuel levy.This will be funded by the liquidation of a portion of the strategic crude oil reserves. SAPIA will engage with the Department of Mineral Resources and Energy on its proposed package of additional measures to be introduced after the expiry of the temporary measures.
SAPIA supports a fair and transparent regulatory pricing system with periodic reviews but with stronger oversight of regulations. This is necessary to ensure that pricing mechanisms keep abreast of developments and that unacceptable practises are not allowed to proliferate in the industry.