PetroSA Debt Crisis Sparks Liquidation Push | Johannesburg News

PetroSA is facing a major crisis as supplier Nako Energy demands liquidation over a six hundred million rand debt allegedly acknowledged in writing last May — sparking fears of commercial insolvency. This isn’t the first time Nako has clashed with PetroSA, amid past allegations of irregular fuel deals and contaminated petrol, which Nako denies while accusing larger players of monopolistic sabotage. The timing couldn’t be worse for South Africa, which urgently needs to rebuild its domestic refining capacity to reduce fuel imports. The fallout? Over five thousand jobs already lost. With PetroSA’s Mossel Bay refinery critical to national fuel security, the outcome of this legal battle could reshape South Africa’s energy future. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.businessday.co.za/news/2026-09-16-petrosa-faces-liquidation-over-r600m-unpaid-fuel-bill/ More coverage & latest updates:https://sources.thednn.ai/93b24398f49c3463 Report issues to [email protected].