Craig Morkel, chairperson of the Gas Economy Leadership Team at the SA Oil and Gas Alliance (Saoga) said the CEF will have to look for a private partner to help them manage the Sapref refinery.

The deal includes shares of BP and Shell in the amount of 50% shares each in a land plot owned by Sapref (Pty) Ltd., and other assets, including crude oil and finished product tanks, process plants, ...

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic 1 rand (five US cents) to the state-owned Central Energy Fund after the oil majors stopped ...

The CEF purchased the 180 000-barrel-a-day Sapref plant from Shell and BP and has asked the National Department of Transport to allow it to take over operations at Island View in the eastern port city ...

The fund plans to repair the refinery and increase its capacity. The Sapref sale didn’t include BP and Shell’s terminal at Island View. Transnet National Ports Authority in November said it ...

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic R1 to the state-owned Central Energy Fund after the oil majors stopped processing there in ...