Analysis: SA's liquid fuel industry following Shell's plans to divest from downstream operations.
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Guest - Peter Morgan, CEO of the Liquified Fuels Wholesalers Association (LFWA)
News that Shell plans to divest from its SA fuels business may be a shock to consumers, but it comes as little surprise to experts who say the industry is in flux globally, and also faces a tough local environment.
Shell, a global oil and gas major, confirmed reports that it was planning to exit its SA downstream business on Monday after more than 120 years of operation in the country.
News that Shell plans to divest from its SA fuels business may be a shock to consumers, but it comes as little surprise to experts who say the industry is in flux globally, and also faces a tough local environment.
Shell, a global oil and gas major, confirmed reports that it was planning to exit its SA downstream business on Monday after more than 120 years of operation in the country.