The Central Energy Fund has welcomed the Competition Tribunal’s approval of the Strategic Fuel Fund's acquisition of a 60% stake in Avedia Energy, which includes the Liquified Petroleum Gas terminal in Saldanha, Cape Town.
“Through this asset SFF will also be poised to promote competitiveness in the downstream LPG market by enabling the importation of cheaper liquefied petroleum gas and storing it for the country’s energy needs as well as mitigating risks associated with product shortage as a result of local refining capacity being closed," he said.
_Business What will this hold for our impoverished community? Why do they have the bottling plant in Cape Town and not Saldanha. We need jobs and local business opportunities. The Saldanha Bay Freeport should be at their disposal i.t.o benificiation BraEish moorkroof