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SA plans oil-refining revival to cut import dependence | SA News

South Africa’s Central Energy Fund (CEF) has outlined plans to revive oil-refining capacity that will see local processing of crude at least triple, potentially reducing dependence on fuel imports.

The CEF intends to rebuild the Sapref refinery south of the port city of Durban, which was idled after 2022 floods in the KwaZulu-Natal province damaged the facility, targeting throughput of 400 000 barrels daily, it said in a statement Wednesday.

Read: Sasol fire heightens SA’s dependence on fuel imports

It would then raise this to 650 000 barrels daily subject to investment and approvals.

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It didn’t provide details on funding and…

Poverty Rates: South Africa faces significant challenges related to poverty and
inequality, with a high percentage of the population living below the poverty line.

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  1. Fun South African Fact: There are more than 2000 shipwrecks off the South African coast, most dating back at least 500 years.

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