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SAPREF 2.0 - South Africa aiming to revive its largest refinery in Durban - will it go ahead?

By Rajesh Chopra Visit author profile

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Refined products
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South Africa is aiming to revive its state-owned largest SAPREF refinery in Durban that is idling since 2022 after severe flooding damaged the facilities. SA acquired this refinery from BP and Shell in 2024 for a symbolic 1 rand. Central Energy Fund (CEF) estimated $7.15 billion…

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