Africa
South Africa has an SPR. It is managed by PetroSA and the primary facility is the Saldanha Bay oil storage facility, which is a major transit point for oil shipping. Saldanha Bay's six in-ground concrete storage tanks give the facility a storage capacity of 45,000,000 barrels (7,200,000 m3).
Malawi is considering creating a 21-day reserve of fuel, which is an expansion from the current five day reserve. The government has begun planning for storage facilities in the provinces of Chipoka and Mchinji as well as Kamuzu International Airport.
Kenya is setting up a Strategic Fuel Reserve, similar to that of cereals. The strategic stocks would be procured by the National Oil Corporation of Kenya and stored by the Kenya Pipeline Company Limited.
Read more about this topic: Global Strategic Petroleum Reserves
Famous quotes containing the word africa:
“In Africa, there is much confusion.... Before, there was no radio, or other forms of communication.... Now, in Africa ... the government talks, people talk, the police talk, the people don’t know anymore. They aren’t free.”
—Youssou N’Dour (b. 1959)