Aspects of pricing structure for South African fuels
- Authors: Stoop, Bennie
- Date: 2012-09-07
- Subjects: Petroleum industry and trade - South Africa , Fuel trade - South Africa , Petroleum products - Prices - South Africa , Liquefied petroleum gas industry - South Africa , Oil industries - South Africa - History , Fuel switching - South Africa
- Type: Thesis
- Identifier: uj:9774 , http://hdl.handle.net/10210/7180
- Description: M.Phil. , This research aims to establish and evaluate the main factors that influence the fuel industry in South Africa. The South African fuel industry, is influenced by different business, economical and logistical factors, which all contribute to a changing fuel environment as well as a changing fuel prices that vary on a monthly basis, as calculated by the Department of Mineral and Energy Affairs(DMEA). These factors including crude oil procurement, petroleum industry, synthetic fuel industry and geographical locations, are fundamentally important, and explained in more detail in the chapters to follow. Oil as main supply source to the fuel industry, plays a vital role to South Africa as industrial developing country. The crude oil imported from the eastern countries is refined into petroleum and alternative fuels, necessary to the economy. The oil price thus influences the petroleum price, which in turn influences the cost of food and accessories. This research will for this reason also focus on aspects such as the actual importation of crude oil, petroleum price structure, price zones, synfuels and alternative fuels, and the affect these aspects have on the fuel industry.
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- Authors: Stoop, Bennie
- Date: 2012-09-07
- Subjects: Petroleum industry and trade - South Africa , Fuel trade - South Africa , Petroleum products - Prices - South Africa , Liquefied petroleum gas industry - South Africa , Oil industries - South Africa - History , Fuel switching - South Africa
- Type: Thesis
- Identifier: uj:9774 , http://hdl.handle.net/10210/7180
- Description: M.Phil. , This research aims to establish and evaluate the main factors that influence the fuel industry in South Africa. The South African fuel industry, is influenced by different business, economical and logistical factors, which all contribute to a changing fuel environment as well as a changing fuel prices that vary on a monthly basis, as calculated by the Department of Mineral and Energy Affairs(DMEA). These factors including crude oil procurement, petroleum industry, synthetic fuel industry and geographical locations, are fundamentally important, and explained in more detail in the chapters to follow. Oil as main supply source to the fuel industry, plays a vital role to South Africa as industrial developing country. The crude oil imported from the eastern countries is refined into petroleum and alternative fuels, necessary to the economy. The oil price thus influences the petroleum price, which in turn influences the cost of food and accessories. This research will for this reason also focus on aspects such as the actual importation of crude oil, petroleum price structure, price zones, synfuels and alternative fuels, and the affect these aspects have on the fuel industry.
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Die meting van Sasol hittebrandstowwe se dienskwaliteit in die bemarking van brandolies met behulp van die SERVQUAL tegniek
- Authors: Fourie, Petrus Johannes
- Date: 2015-09-15
- Subjects: Sasol (Firm) , Petroleum industry and trade - South Africa , Customer services
- Type: Thesis
- Identifier: uj:14113 , http://hdl.handle.net/10210/14546
- Description: M.Com. , Please refer to full text to view abstract
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- Authors: Fourie, Petrus Johannes
- Date: 2015-09-15
- Subjects: Sasol (Firm) , Petroleum industry and trade - South Africa , Customer services
- Type: Thesis
- Identifier: uj:14113 , http://hdl.handle.net/10210/14546
- Description: M.Com. , Please refer to full text to view abstract
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Witbank-Middelburg toll road : some strategic considerations for affected businesses
- Authors: Marx, Liezle
- Date: 2012-08-15
- Subjects: Toll roads - South Africa , Petroleum industry and trade - South Africa , South Africa - Foreign economic relations - Mozambique , Mozambique - Foreign economic relations - South Africa , Business enterprises - South Africa , Customer services - South Africa
- Type: Thesis
- Identifier: uj:9376 , http://hdl.handle.net/10210/5814
- Description: M.Comm. , The fundamental purpose of the dissertation was a descriptive analysis and a theoretical evaluation of the petroleum industry and its functions in South Africa, as well as the relevance of toll roads in South Africa. Toll roads provide the opportunity whereby an urgently needed road can be built at an earlier date than would be the case normally. The strategic management of businesses under normal market conditions has been studied extensively. Less importance has been given to the strategic management of businesses affected by external market forces such as quotas, import tariffs, restricted licenses and toll roads. South Africa has more than 200 000 kilometers of roads and more than seven million cars. Therefore demand for petrol has grown substantially over the last few years. There are ten different petroleum companies in South Africa; namely Afric Oil, BP, Caltex, Engen, Exel, Sasol, Shell, Tepco, Total and Zenex and there is no discernible difference between the fuels from the different oil companies. In May 1996, the governments of South Africa and Mozambique announced their vision and their objectives for the Maputo Development Corridor. In particular they expressed their belief that the corridor initiative held substantial opportunities for both the public and private sectors. The Trans African Concession (TRAC) was awarded the concession to develop the corridor. Concession grants the private sector a right to collect tollfees, which are used to service the loans incurred for: designing, construction, operations and maintenance of toll roads in the Maputo Development. The concessioning right usually extends for a period of 30 years after which the road is handed back to the South African National Road Agency. The first of five toll roads opened on the 8 December 1998 between Witbank and Middelburg. Tollfees are collected (R20,60 per car) by Plaza operators, and tariffs are adjusted annually. Toll Roads affect businesses, such as petrol stations, restaurants etc., due to high tollfees. Thereby some motorists use alternative routes. The study focuses on the petroleum industry, and more particularly on the retail of fuel and related products in the Maputo Development Corridor. An external market force in the form of the N3 toll road is affecting this market and industry. Consequently the strategic management of Shell Ultra City Middelburg and other affected businesses have to adapt from the task model to allow for the influence of the toll road. The toll road functions and annually toll tariff adjustments, formed the crux of this study. General strategic considerations are developed in the study to counter the effect of the toll road. Furthermore, a specific action plan is formulated to practically implement these general strategic considerations.
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- Authors: Marx, Liezle
- Date: 2012-08-15
- Subjects: Toll roads - South Africa , Petroleum industry and trade - South Africa , South Africa - Foreign economic relations - Mozambique , Mozambique - Foreign economic relations - South Africa , Business enterprises - South Africa , Customer services - South Africa
- Type: Thesis
- Identifier: uj:9376 , http://hdl.handle.net/10210/5814
- Description: M.Comm. , The fundamental purpose of the dissertation was a descriptive analysis and a theoretical evaluation of the petroleum industry and its functions in South Africa, as well as the relevance of toll roads in South Africa. Toll roads provide the opportunity whereby an urgently needed road can be built at an earlier date than would be the case normally. The strategic management of businesses under normal market conditions has been studied extensively. Less importance has been given to the strategic management of businesses affected by external market forces such as quotas, import tariffs, restricted licenses and toll roads. South Africa has more than 200 000 kilometers of roads and more than seven million cars. Therefore demand for petrol has grown substantially over the last few years. There are ten different petroleum companies in South Africa; namely Afric Oil, BP, Caltex, Engen, Exel, Sasol, Shell, Tepco, Total and Zenex and there is no discernible difference between the fuels from the different oil companies. In May 1996, the governments of South Africa and Mozambique announced their vision and their objectives for the Maputo Development Corridor. In particular they expressed their belief that the corridor initiative held substantial opportunities for both the public and private sectors. The Trans African Concession (TRAC) was awarded the concession to develop the corridor. Concession grants the private sector a right to collect tollfees, which are used to service the loans incurred for: designing, construction, operations and maintenance of toll roads in the Maputo Development. The concessioning right usually extends for a period of 30 years after which the road is handed back to the South African National Road Agency. The first of five toll roads opened on the 8 December 1998 between Witbank and Middelburg. Tollfees are collected (R20,60 per car) by Plaza operators, and tariffs are adjusted annually. Toll Roads affect businesses, such as petrol stations, restaurants etc., due to high tollfees. Thereby some motorists use alternative routes. The study focuses on the petroleum industry, and more particularly on the retail of fuel and related products in the Maputo Development Corridor. An external market force in the form of the N3 toll road is affecting this market and industry. Consequently the strategic management of Shell Ultra City Middelburg and other affected businesses have to adapt from the task model to allow for the influence of the toll road. The toll road functions and annually toll tariff adjustments, formed the crux of this study. General strategic considerations are developed in the study to counter the effect of the toll road. Furthermore, a specific action plan is formulated to practically implement these general strategic considerations.
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Beplanning, logistiek en bedryfsaspekte van die oliebedryf en die invloed daarvan op Suid-Afrika
- Authors: Meiring, Johannes Henricus
- Date: 2014-04-15
- Subjects: Petroleum industry and trade , Logistics , Petroleum industry and trade - South Africa , Petroleum products - Prices - South Africa
- Type: Thesis
- Identifier: uj:10725 , http://hdl.handle.net/10210/10236
- Description: Ph.D. (Economic Sciences) , The international oil industry has always been subject to significant changes throughout the years, mainly as a result of changes in the environment, government policies, the world economy and a developing technology. Since the turn of the century, however, no changes have been as fundamental as the events of 1973. The international oil industry found itself in a very short period of time, with the following changes: The loss of production resources to the industry's previous host countries. A significant increase in the price of the products the industry handle. Increased interference by the governments of the countries in which the industry markets its products. No growth. A permanent change in the mix of petroleum products required by the market. The oil industry reacted to these changes in the following ways: Large proportions of refining networks were closed and large amounts of money were spent on additional cracking facilities for the remainder of the industry's networks. Organisational changes were introduced, with the objective of removing surplus infra-structure from a shrinking industry. iii Attention was given to other forms of energy. Whatever the reaction had been, the mere fact that refining capacity had to be reduced, and large oil tankers scrapped, suggests a lack of proper planning during the period preceding the problems of 1973. During the late fifties and sixties, when there was a steady growth in the world economy and oil prices remained static, planning ahead became relatively simple, and the oil industry planners slipped into the illusion that none of the upheave1s of history would be repeated. The signals were clearly there, but were totally ignored until far too late. To a large extent, this happened because government officials and oil company executives tended to specialise, and therefore they lacked knowledge of the oil industry as a whole. In South Africa, more planning was conducted than elsewhere in the world, but was mainly directed towards the development of synfuels and strategic storage. This was the result of South Africa's peculiar political circumstances and not because of an awareness of the need for realistic commercial planning.
- Full Text:
- Authors: Meiring, Johannes Henricus
- Date: 2014-04-15
- Subjects: Petroleum industry and trade , Logistics , Petroleum industry and trade - South Africa , Petroleum products - Prices - South Africa
- Type: Thesis
- Identifier: uj:10725 , http://hdl.handle.net/10210/10236
- Description: Ph.D. (Economic Sciences) , The international oil industry has always been subject to significant changes throughout the years, mainly as a result of changes in the environment, government policies, the world economy and a developing technology. Since the turn of the century, however, no changes have been as fundamental as the events of 1973. The international oil industry found itself in a very short period of time, with the following changes: The loss of production resources to the industry's previous host countries. A significant increase in the price of the products the industry handle. Increased interference by the governments of the countries in which the industry markets its products. No growth. A permanent change in the mix of petroleum products required by the market. The oil industry reacted to these changes in the following ways: Large proportions of refining networks were closed and large amounts of money were spent on additional cracking facilities for the remainder of the industry's networks. Organisational changes were introduced, with the objective of removing surplus infra-structure from a shrinking industry. iii Attention was given to other forms of energy. Whatever the reaction had been, the mere fact that refining capacity had to be reduced, and large oil tankers scrapped, suggests a lack of proper planning during the period preceding the problems of 1973. During the late fifties and sixties, when there was a steady growth in the world economy and oil prices remained static, planning ahead became relatively simple, and the oil industry planners slipped into the illusion that none of the upheave1s of history would be repeated. The signals were clearly there, but were totally ignored until far too late. To a large extent, this happened because government officials and oil company executives tended to specialise, and therefore they lacked knowledge of the oil industry as a whole. In South Africa, more planning was conducted than elsewhere in the world, but was mainly directed towards the development of synfuels and strategic storage. This was the result of South Africa's peculiar political circumstances and not because of an awareness of the need for realistic commercial planning.
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'n Ondersoek na die aard en rol van brandstofbelasting in die Suid-Afrikaanse ekonomie
- Authors: Dalton, Catherine T.
- Date: 2015-08-19
- Subjects: Petroleum - Taxation - South Africa , Petroleum products - Prices- South Africa , Petroleum industry and trade - South Africa
- Type: Thesis
- Identifier: uj:13913 , http://hdl.handle.net/10210/14263
- Description: M.Econ. , Please refer to full text to view abstract
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- Authors: Dalton, Catherine T.
- Date: 2015-08-19
- Subjects: Petroleum - Taxation - South Africa , Petroleum products - Prices- South Africa , Petroleum industry and trade - South Africa
- Type: Thesis
- Identifier: uj:13913 , http://hdl.handle.net/10210/14263
- Description: M.Econ. , Please refer to full text to view abstract
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The effect of crude oil price changes on sector gross domestic product contribution and employment levels in South Africa
- Authors: Picane, Amanda
- Date: 2018
- Subjects: Petroleum products - Prices - South Africa , Petroleum industry and trade - South Africa , Petroleum industry and trade - Economic aspects , Energy policy - South Africa
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/282301 , uj:30408
- Description: Abstract: Given the overwhelming empirical evidence on the association between the crude oil price changes and economic activity in some countries, it is fitting that a study into the effects of crude oil price shocks on sector employment levels and sector gross domestic product contribution in South Africa was conducted. A Vector Autoregressive Model, utilising a Cholesky decomposition was used in this study to estimate the effects of crude oil price changes on sector gross domestic product contribution and employment levels in South Africa. Seven sectors were studied, namely transport, mining, agriculture, construction, manufacturing, utilities, and trade, for the period Q1 2002 to Q4 2015. The results show that the gross domestic product contribution for the transport, agricultural, and manufacturing sectors does not decline in response to an increase in the oil price. However, the agricultural and manufacturing sectors experience spillover effects that materialise through a decline in employment levels. Employment in the manufacturing sector decreases by 4.44 percent in the long run in response to an oil price increase. Furthermore, employment levels in the agricultural sector decline by 3.46 percent in response to an oil price shock in the short run. Mining and trade are the only two sectors in which both the gross domestic product contribution and employment levels are not directly affected by changes in the oil price. The utilities sector’s employment levels increase at impact in response to an increase in the oil price, suggesting that the sector is likely to experience labour reallocation effects due to an oil price shock. Employment levels in the construction sector decrease in the short run by 5.96 percent, in response to an oil price increase. This study recommends the use of policies such as industrial, fiscal and energy policies to deal with the effects of oil price changes on the South African sectors’ gross domestic product contributions and employment levels. , M.Com. (Development Economics)
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- Authors: Picane, Amanda
- Date: 2018
- Subjects: Petroleum products - Prices - South Africa , Petroleum industry and trade - South Africa , Petroleum industry and trade - Economic aspects , Energy policy - South Africa
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/282301 , uj:30408
- Description: Abstract: Given the overwhelming empirical evidence on the association between the crude oil price changes and economic activity in some countries, it is fitting that a study into the effects of crude oil price shocks on sector employment levels and sector gross domestic product contribution in South Africa was conducted. A Vector Autoregressive Model, utilising a Cholesky decomposition was used in this study to estimate the effects of crude oil price changes on sector gross domestic product contribution and employment levels in South Africa. Seven sectors were studied, namely transport, mining, agriculture, construction, manufacturing, utilities, and trade, for the period Q1 2002 to Q4 2015. The results show that the gross domestic product contribution for the transport, agricultural, and manufacturing sectors does not decline in response to an increase in the oil price. However, the agricultural and manufacturing sectors experience spillover effects that materialise through a decline in employment levels. Employment in the manufacturing sector decreases by 4.44 percent in the long run in response to an oil price increase. Furthermore, employment levels in the agricultural sector decline by 3.46 percent in response to an oil price shock in the short run. Mining and trade are the only two sectors in which both the gross domestic product contribution and employment levels are not directly affected by changes in the oil price. The utilities sector’s employment levels increase at impact in response to an increase in the oil price, suggesting that the sector is likely to experience labour reallocation effects due to an oil price shock. Employment levels in the construction sector decrease in the short run by 5.96 percent, in response to an oil price increase. This study recommends the use of policies such as industrial, fiscal and energy policies to deal with the effects of oil price changes on the South African sectors’ gross domestic product contributions and employment levels. , M.Com. (Development Economics)
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