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The refinery will be designed to accept other types of crude and produce fuel compliant with South Africa’s impending clean fuels regulations based on Euro V specifications, Zono said.
South Africa has talked about building a new refinery for more than a decade, but has struggled to find investors.
Africa’s most industrialised economy has six refineries, four using crude oil and two synthetic fuel as feedstock. Royal Dutch Shell, BP, total and Sasol are among the major refinery operators.
Zono said the new refinery will not
jeopardise the Mossel Bay gas-to-liquid (GtL) refinery operated by CEF’s subsidiary PetroSA, amid fears the plant could be shuttered.
South Africa’s national oil company, PetroSA, said in September its flagship GtL refinery could run out of domestic supplies by the end of 2020.
“The refinery in Mossel Bay will continue to operate and there is no intention to close it down,” said Zono.
ReUteRs
QP says Egyptian Refining
Company Refinery now
operating
Qatar Petroleum (QP) said on Sunday that
all units of the Egyptian Refining Company (ERC) Refinery project was now successfully operating, and would reach full production by the end of the first quarter of 2020.
Qatar Petroleum owns 38.1% in the Arabian Refinery Company, which owns two-thirds of ERC. The project is QP’s largest investment in either an Arab or African country, it said.
The project aims to produce Euro V refined products including diesel and jet fuel for Egyptian consumption, by processing 4.7 million tonnes of mainly atmospheric residue from the Cairo Oil Refinery Company. ReUteRs
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Week 45 14•November•2019