SA looking to Guinea South Sudan and Algeria for cheaper oil

The energy minister came under fire from MPs on the fuel levy, the disarray of the Road Accident Fund and the impact of policies on the rand. South Africa is looking to Algeria, Equatorial-Guinea and South Sudan for crude oil sources closer to home as the country experiences its highest fuel prices in history, Energy Minister Jeff Radebe says. “We are looking very aggressively to other countries, Equatorial Guinea, Algeria, South Sudan,” he said in a briefing to Parliament’s portfolio committee on energy today. “If things go well we believe it…

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