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Sapia announces extremely strong growth in petroleum product sales in first quarter of 2007

Aggregate sales of major petroleum products showed a strong increase of 7,3% in the first quarter of 2007 as compared to the first quarter of 2006. The most significant increases were in diesel 13,1%, bitumen 36,3% and LPG, 15%.

Petrol sales grew by 4,4% and jet fuel sales by 4,6%.

New petroleum industry chairperson takes office – and sets out the challenges facing the industry in 2007

Mr Rashid Yusof, Managing Director and Chief Executive Officer of Engen Petroleum (Pty) Ltd, has been elected as the Chairperson of the South African Petroleum Industry Association (SAPIA) for the year 2007. He succeeds Adv.

Growth in petroleum product sales continues in the third quarter of 2006

Notwithstanding the high prices that prevailed in the quarter, aggregate sales of major petroleum products rose by 2,7% in the third quarter of 2006 as compared to the third quarter of 2005. The most significant increases were again in diesel, 8,6%, and jet fuel, 4,2%. LPG grew by 8,4%.

Growth in Petroleum Product Sales continues in the Second Quarter of 2006

Notwithstanding the higher prices that prevailed in the quarter, aggregate sales of major petroleum products rose by 2,9% in the second quarter of 2006 as compared to the second quarter of 2005. The most significant increases were again in diesel, 4,8%, and jet fuel, 5,4%. LPG grew by 4,1%.

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