South African tax authorities extend jet fuel lifeline to airports
South Africa's fuels industry body FIASA on Friday welcomed a year-long extension from tax authorities to special licences for importing and storing jet fuel, helping to avert a potential supply crisis at major airports.
The Fuels Industry Association of South Africa (FIASA) said the arrangement meant its members could operate special storage warehouse (SOS) licences until October 31 next year.
The extension allows for continued imports of aviation kerosene, which will be stored in licensed tanks and pumped into the multi-product pipeline for supply to ORTambo International Airport, one of Africa's busiest passenger hubs.
The licence extension from the South African Revenue Service (SARS) also covers the separate importation and storage of illuminating kerosene mainly used in household cooking.
"The extension is a critical intervention in safeguarding South Africa's security of supply, particularly for the aviation sector and communities that rely on illuminating kerosene," FIASA said in a statement.
The importation and movement of both aviation kerosene and illuminating kerosene are governed by South Africa's Customs and Excise Act and its provisions needed to be strictly adhered to, SARS said previously when granting SOS licences last year.
A net importer of refined petroleum products, South Africa has lost around half of its refinery capacity over the last five years, curtailing the provision of jet fuel to airports and leading to shortages.
In January this year, the national transport department took extraordinary measures in securing just over 121 million litres of jet fuel for OR Tambo airport after a fire at the Natref refinery caused it to shut down operations.
South Africa's only inland refinery majority-owned by Sasol, Natref crude oil refinery is one of the main suppliers of jet fuel to domestic airports.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation