All options on table to combat high fuel price, says Mantashe
Updated | By Gcinokuhle Malinga
Energy
Minister Gwede Mantashe says oil exploration is necessary as one of the means
to reduce the fuel price in the country.
"It allows exploration of gas and oil in our land, there's plenty of it and if every time we are taken to court because we are doing exploration.
"We must get the support of the country and parties because all that was discovered in Namibia stretched into the Northern Cape side so they are likely to produce oil in the near future provided we go through our court cases."
Mantashe was speaking at the National Assembly on Wednesday, where a debate on the skyrocketing fuel prices took place.
READ: Indonesian president replaces trade minister over cooking oil crisis
He said another sustainable solution to the fuel price situation is the end of the conflict in Europe.
"Countries should be reminded that the economic war that they've unleashed will impact South Africa and countries like ours. if NATO wants to extend to Ukraine and squeeze Russia, they going to lose an eye so let us not be simplistic about our analysis, let us be scientific."
MORE FROM ECR
Show's Stories
-
Keep a watchful eye on your friends this December
As we head into the December holidays, keep an eye on your friends and f...
Danny Guselli 5 hours ago -
Durbanite addresses couples in malls during December
Is it appropriate for couples to hold hands while shopping in busy place...
Danny Guselli 5 hours ago