Business Report

South Africa’s fuel supply stable for now as SAA monitors Middle East developments

Anita Nkonki|Published

South African Airways(SAA) says it is closely monitoring escalating tensions in the Middle East and their potential impact on global jet fuel supplies, as concerns grow over volatility in international oil markets.

The national carrier said it remains focused on ensuring operational continuity and minimising disruptions for passengers as geopolitical developments continue to unfold.

At present, the airline says does not expect any immediate disruption to its fuel supply.

South Africa sources aviation fuel through several supply channels, including domestic refining capacity and established import infrastructure, a system the airline says provides resilience against potential regional supply volatility.

SAA also operates under existing fuel supply agreements with licensed providers at the airports it serves. According to the airline, these suppliers maintain fuel inventories and infrastructure designed to support uninterrupted operations.

Group CEO John Lamola said the airline industry is accustomed to navigating global uncertainties that affect energy markets and aviation logistics.

“Geopolitical developments can influence global oil prices and aviation logistics, and the airline industry is accustomed to planning for such uncertainties,” Lamola said.

“At SAA, we work proactively with fuel suppliers, airports and industry partners to safeguard operational continuity. We also maintain robust risk management and supply planning frameworks that allow us to anticipate and mitigate potential disruptions while continuing to serve our customers reliably.”

Lamola added that the airline remains committed to protecting passengers from sudden cost increases while maintaining reliable services.

“South African Airways remains committed to protecting passengers from sudden cost burdens, maintaining competitive fares, and ensuring safe, reliable operations. As South Africa’s national carrier, South African Airways remains focused on connecting people, markets and opportunities.”

The airline said it will continue to play a role in supporting tourism, trade and economic development across South Africa and the African continent.

Meanwhile, the Department of Mineral and Petroleum Resources (DMPR) has also sought to reassure the public about the country’s fuel supply.

The department said it remains in continuous contact with oil companies operating in South Africa to ensure the stability and security of fuel supply while closely tracking developments in the Middle East and their potential impact on global oil markets.

While prolonged geopolitical tensions could place pressure on international oil prices, the department said there is currently no immediate risk of fuel shortages in the country.

“Despite the closure of several refineries in recent years, South Africa currently has two operational crude oil refineries, namely NATREF and Astron Energy, in addition to the Sasol Secunda coal-to-liquids plant, which continues to play a critical role in domestic fuel production,” the department said.

“These facilities rely on crude oil imports sourced primarily from West Africa and increasingly from other countries across the African continent.”

The department noted that the Astron Energy refinery is currently undergoing a planned maintenance shutdown. However, authorities say sufficient fuel imports have been secured to ensure supply during this period.

“Unfortunately, the continued rise in international crude oil prices is expected to result in higher fuel prices at the pump from April 2026. The under-recovery on fuel prices has been fluctuating since the onset of the conflict, and the Department will continue to monitor the situation closely,” it said.

Further updates are expected ahead of the official April fuel price adjustment.

Officials added that oil companies importing refined petroleum products from regions affected by the conflict are actively exploring alternative supply sources to ensure uninterrupted fuel availability in the domestic market.

 

anita.nkonki@inl.co.za

Saturday Star