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Refinery decline could have cost South Africa R76bn in higher oil imports

IOL ·
Refinery decline could have cost South Africa R76bn in higher oil imports

South Africa’s oil-import bill could have been R76 billion lower between 2021 and 2024 if refined petroleum products had accounted for no more than 25% of imports, the Reserve Bank says.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on iol.co.za — the content belongs to IOL.

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