The SFF Association is a company incorporated as a non-profit company in terms of s13 of Companies Act 71 of 2008. SFF’s shares are non-transferable and are held by its holding company CEF (SOC) Ltd, which in turn is wholly owned by the State (section 1 D of the Central Energy Fund Act 38 of 1977). The business of SFF is the storage and management of government and privately-owned stocks of crude oil, petroleum products, oil and gas infrastructure projects.
Our Vision - The vision of SFF is to be a guarantor of strategic fuels for the benefit of our communities.
Our Mission is to secure the supply of strategic fuels through:
- Operating efficiently
- Collaborating with strategic partners in exploring new opportunities
- By leveraging agile and empowered people operating responsibly in a compliant manner.
Our Value Proposition
The SFF acquires, maintains, monitors and managers the country’s strategic energy feed stock and carriers in order to ensure security of supply. We aim to be the guarantor of strategic fuels through innovative and pioneering solutions that benefit South Africa. SFF also intends to invest in oil & gas infrastructure projects on the African continent.
Strategic initiatives that will be pursued in the next five years; namely:
- Investment in equality barrels for crude oil
- Hydrocarbons trading and
- Investment in oil and gas storage and logistics infrastructure
SFF VALUES, CSI & SAFETY CULTURE
We will achieve our mission through our values:
- Respect
- Transparency
- Accountability
- Collaborative
- Innovation
- Empowerment
Our values underpin how we operate, placing safety first, how we interact with each other and our business partners. SFF is committed to the empowerment, development and sustainability of disadvantaged communities, especially to those disadvantaged communities that SFF conduct business operations in and the environment through focused, coherent progressive and sustainable Corporate Social Investment Programs.
