Three countries that pay R1,000 less per tank of petrol than South Africa

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Three countries that pay R1,000 less per tank of petrol than South Africa
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You would have to be comfortable with totalitarian rule, severe poverty, and general social unrest if you hope to live in one of these countries.

It costs around R1,000 less to fill up a typical car’s tank in Iran, Libya, and Venezuela than it does in South Africa.

Tank sizes on sedans and mid-sized SUVs can be around 60 litres, while bakkies and large SUVs often come equipped with 80-litre tanks. In South Africa, those figures are not far off, at 55.5% and 25%, respectively. Unfortunately, South Africa has none of its own oil reserves, and its local refining capacity has become more constrained.

On the other side of the list is the most expensive area for petrol — Hong Kong — a highly urbanised and affluent administrative region of China. During his Opening of Parliament on 24 July 2024, President Cyril Ramaphosa announced that the formula for calculating fuel prices in South Africa would be reviewed to identify areas where it could be reduced.

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