Petroleum wholesaling involves the bulk purchase and resale of petroleum products [Diesel, Petrol, Parafin, Jet & Aviation Fuel]. In South Africa, it requires a wholesale license from the Department of Mineral Resources and Energy (DMRE), and a wholesaler is defined as anyone selling more than 1500 liters of prescribed petroleum products in a single transaction. This license allows the purchase of products from licensed manufacturers or other wholesalers and the sale to licensed retailers, other wholesalers, or end consumers for their own consumption.
Key aspects of petroleum wholesaling in South Africa:
Licensing:
A wholesale license is mandatory to operate as a petroleum wholesaler, and it's granted by the Department of Mineral Resources and Energy [DMRE].
Bulk Sales:
Petroleum wholesalers primarily deal with bulk sales, typically 1500 liters or more per transaction.
Customer Base:
I sell to licensed manufacturers, other wholesalers, licensed retailers, and end consumers for their own use.
Regulations:
As a licensed wholesaler, I am regulated in terms of the Petroleum Products Amendment Act, 2003, that governs petroleum wholesaling activities in South Africa.
Transportation:
I am a licensed wholesaler with own delivery vehicles & trucks, I can also be in transport agreement as a licensed transporter, including insurance for dangerous goods transportation.
Benefits of Owning a Fleet:
I own a fleet that allows for control over delivery, service, and product quality, as well as tracking and communication with clients.
Storage:
As a licensed Wholesaler I have storage facilities of more than 200 000 liters.
Gauteng, Pretoria
Energy, Carbon Balance and Climate Change, Environmental Rehabilitation, Erosion Control and Restoration, Spillage Cleanup, Transformer Oil Supplies and Processing, Lubricant Supplies and Lubrication Services, Logistics, Freight Forwarding and Customs Clearing
MATLHARHI MARTIN BALOYI
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This is an EME or QSE which is at least 51% owned by black people who are youth
