All
 

 

Just in:  

You are here: Home»Markets»Energy»Middle East & Africa»Shell declares force majeure on fuel in South Africa

shellJOHANNESBURG: Shell has declared force majeure on fuel deliveries in South Africa's economic hub of Gauteng province, which includes Johannesburg and Pretoria, due to a two-week strike by more than 20,000 truck drivers, the company said on Friday.

 

"There is fuel available across the country so the issue is not fuel supply but the challenge is delivering it safely to our retail sites," the company said in an emailed response to questions.

 

Force majeure refers to a measure that covers the company and its customers should delivery of fuel not occur due to circumstances beyond their control.

 

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 17,678.70 0.03
Arrow Nasdaq 4,771.76 0.29
Arrow S&P 2,057.09 0.26
Arrow FTSE 6,852.40 0.29
Arrow DAX 10,798.33 1.40
Arrow CAC-40 4,675.13 0.74
Arrow Nikkei 17,468.52 0.25
Arrow H.Seng 24,909.90 0.24
Arrow Sensex 29,278.84 0.94






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln