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 I had indeed found a sufficiently frightful kind of loneliness but the isolation of this American ant heap was even more shattering.”
—Louis-Ferdinand Céline (1894–1961)
“I have a fair amount of faith that women won’t sit back and allow South Africa to become a totally male-dominated new society. The women in South Africa have shown that they are strong, and I think they will make their voices heard.”
—Paula Hathorn (b. c. 1962)