Coal, Oil & Gas News South Africa

Sasol to restart refinery by end July

Sasol will restart its refinery by the end of July, it said on Sunday, 17 July, after the company declared force majeure at its second biggest refinery on Friday due to a lack of crude oil.
Cooling towers of Sasol's synthetic fuel plant in Secunda, north of Johannesburg. Reuters/Siphiwe Sibeko
Cooling towers of Sasol's synthetic fuel plant in Secunda, north of Johannesburg. Reuters/Siphiwe Sibeko

The shutdown of the Natref refinery located around 100km from Johannesburg has sparked concerns of petrol and diesel shortages in the country where 60% of fuel products are imported. Sasol, however, said it did not expect any shortages.

Sasol is the only producer of petroleum products in South Africa through its two refineries - Secunda, with output of around 150,000 barrels per day (bpd) and Natref, at around 108,000 bpd.

"The crude tanker has arrived in Durban and cargo dispatches are underway. Natref should start up to run at maximum production capability by end July 2022," Sasol said in the statement.

The company, which owns the Natref refinery with a subsidiary of France's TotalEnergies, said it does not "anticipate any fuel supply shortages to fuel stations, including our own".

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/
Let's do Biz