'WE SHOULD CONSIDER IMPORTING CRUDE OIL FROM RUSSIA' - MANTASHE TELLS PARLY
Russia is currently facing oil sanctions from the European Union, the United Kingdom, and the United States over its special military operation in Ukraine.
Mineral Resources and Energy Minister Gwede Mantashe. Picture: @GwedeMantashe1/Twitter
Babalo Ndenze |
CAPE TOWN - Mineral Resources and Energy Minister Gwede Mantashe on Wednesday said South Africa should consider importing crude oil from Russia at a lower price.
Mantashe suggests this could help ease the country's fuel price woes.
Russia is currently facing oil sanctions from the European Union, the United Kingdom, and the United States over its invasion of Ukraine.
Mantashe told the National Assembly debate on the fuel price hike that people shouldn't be emotional when responding to the global oil price.
"We should consider importing crude oil from Russia at a low price because it is not sanctioned. Of all the sanctions, there are no sanctions against crude oil, so we can import crude oil from Russia at a lower price."
He said the country should work on finding other sources of energy: "To allow exploration of gas and oil in our land."
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