{"id":8457,"date":"2021-04-14T20:28:13","date_gmt":"2021-04-14T20:28:13","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=8457"},"modified":"2021-04-14T16:44:25","modified_gmt":"2021-04-14T16:44:25","slug":"department-explains-why-sa-is-not-ready-to-deregulate-fuel-price","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price","title":{"rendered":"Department explains why SA is not ready to deregulate fuel price"},"content":{"rendered":"

Africa-Press<\/a> – South-Africa<\/a>. <\/strong><\/span>The Department of Minerals and Energy says the government cannot deregulate the fuel price because the country\u2019s market is not ready for a deregulation.<\/p>\n

Briefing the National Assembly committee on minerals and energy on Wednesday the department\u2019s director of fuel pricing mechanism, Robert Maake, said various factors need to be considered before the market will be ready for a deregulation.<\/p>\n

\u201cWe still have fuel companies that are dominating in the market.<\/p>\n

\u201cWe have a situation where about six main players are controlling the petrol sold in the country.<\/p>\n

\u201cNow if you want wholesalers to compete on price, the playing field has to be levelled first.<\/p>\n

\u201cUnfortunately most of these new wholesalers are customers of big companies therefore you cannot compete with them on price.<\/p>\n

\u201cWe need to transform the sector.<\/p>\n

\u201cOnce it\u2019s ready to compete on prices then we can deregulate.\u201d<\/p>\n

Maake said fuel prices are lower in countries like Botswana and Lesotho because they buy from South Africa at a Basic Fuel Price (BFP) which doesn\u2019t include the local factors.<\/p>\n

He said the local factors were applicable to the South African market.<\/p>\n

\u201cThey buy at BFP price then when it goes to their own countries it will include costs to get it from South Africa to their countries.<\/p>\n

\u201cOur local factors and their local factors are different.<\/p>\n

\u201cWe have the fuel levy and the road accident fund which they do not have and this amounts to almost R6 on our fuel price \u2013 for petrol and diesel,\u201d he said.<\/p>\n

After last Wednesday\u2019s fuel price hike, the chairperson of the committee, Sahlulele Luzipo, said the hikes in fuel and electricity prices will have a negative socio-economic impact on the livelihoods of many South Africans.<\/p>\n

During the presentation Maake said that of the most frequently asked questions includes why Sasol is not selling petrol at a lower price.<\/p>\n

He said in a regulated environment there cannot be more than one price.<\/p>\n

\u201cSasol is not selling petrol at lower prices because they are producers of coal.<\/p>\n

\u201cThat plant is more expensive than a normal crude oil refinery.<\/p>\n

\u201cIn a regulated environment you cannot have more than one price that is regulated so Sasol is also compelled to sell at a regulated price,\u201d said Maake.<\/p>\n

POLITICAL BUREAU<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. The Department of Minerals and Energy says the government cannot deregulate the fuel price because the country\u2019s market is not ready for a deregulation. Briefing the National Assembly committee on minerals and energy on Wednesday the department\u2019s director of fuel pricing mechanism, Robert Maake, said various factors need to be considered before […]<\/p>\n","protected":false},"author":84,"featured_media":8456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,275],"class_list":["post-8457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nDepartment explains why SA is not ready to deregulate fuel price - South Africa<\/title>\n<meta name=\"description\" content=\"The Department of Minerals and Energy says the government cannot deregulate the fuel price because the country\u2019s market ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Department explains why SA is not ready to deregulate fuel price\" \/>\n<meta property=\"og:description\" content=\"The Department of Minerals and Energy says the government cannot deregulate the fuel price because the country\u2019s market ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-14T20:28:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Department explains why SA is not ready to deregulate fuel price\",\"datePublished\":\"2021-04-14T20:28:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price\"},\"wordCount\":392,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price\",\"name\":\"Department explains why SA is not ready to deregulate fuel price - South Africa\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg\",\"datePublished\":\"2021-04-14T20:28:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Department of Minerals and Energy says the government cannot deregulate the fuel price because the country\u2019s market ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg\",\"width\":720,\"height\":404,\"caption\":\"Department explains why SA is not ready to deregulate fuel price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/south-africa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Department explains why SA is not ready to deregulate fuel price\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/\",\"name\":\"South Africa\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Department explains why SA is not ready to deregulate fuel price - South Africa","description":"The Department of Minerals and Energy says the government cannot deregulate the fuel price because the country\u2019s market ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price","og_locale":"en_US","og_type":"article","og_title":"Department explains why SA is not ready to deregulate fuel price","og_description":"The Department of Minerals and Energy says the government cannot deregulate the fuel price because the country\u2019s market ...","og_url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price","og_site_name":"South Africa","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-04-14T20:28:13+00:00","og_image":[{"width":720,"height":404,"url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Department explains why SA is not ready to deregulate fuel price","datePublished":"2021-04-14T20:28:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price"},"wordCount":392,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg","keywords":["Africa Press","Africa Press-South-Africa","South-Africa"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price","url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price","name":"Department explains why SA is not ready to deregulate fuel price - South Africa","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg","datePublished":"2021-04-14T20:28:13+00:00","author":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Department of Minerals and Energy says the government cannot deregulate the fuel price because the country\u2019s market ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#primaryimage","url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg","contentUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-60771bcee5034.jpg","width":720,"height":404,"caption":"Department explains why SA is not ready to deregulate fuel price"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/department-explains-why-sa-is-not-ready-to-deregulate-fuel-price#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/south-africa\/"},{"@type":"ListItem","position":2,"name":"Department explains why SA is not ready to deregulate fuel price"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/south-africa\/#website","url":"https:\/\/www.africa-press.net\/south-africa\/","name":"South Africa","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/8457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/comments?post=8457"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/8457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media\/8456"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media?parent=8457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/categories?post=8457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/tags?post=8457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}