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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.
7 May 2024 4PM English South Africa Business News · Investing

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