South Africas aviation sector currently has sufficient jet fuel stocks to meet demand for about three weeks, but the industry is closely monitoring geopolitical tensions in the Middle East that could threaten crude oil supply.
Speaking during a panel discussion on infrastructure, investment and innovation at the Board of Airline Representatives of South Africa Barsa Aviation Summit in KwaZulu-Natal last week, Siganeko Magafela , Executive Director of the Fuel Industry Association of South Africa FIASA, said current jet fuel stocks were sufficient to meet demand.
We currently have no shortage in terms of supply, he said, adding that existing stocks would take more than three weeks to be depleted.
