Engen¡¯s Wentworth refinery has been closed and converted to storage after it was ravished by a fire in late 2020. PetroSA has basically been out of production ever since it ran out of offshore gas feedstock around the same time. Shell and BP last week resolved to halt operations at Sapref as the two are unprepared to invest further in the refinery.
Will South Africa reopen its oil refinery?
The commitment to reopen the operation bucks the trend in South Africa where oil and gas majors are opting to close refineries rather than invest in refurbishing and upgrading them, especially in light of incoming clean fuel regulations.
What happened to Sasol & Total’s Natref Refinery?
Sasol and Total¡¯s Natref refinery is also on the chopping block as the two mull selling or closing the operation. Astron¡¯s refinery ¨C formerly known as Calref and which Glencore acquired with all Chevron¡¯s SA assets in 2019 ¨C has been offline ever since mid-2020 when a deadly fire caused the plant to shut.
Will Astron energy reopen Cape Town oil refinery?
Glencore¡¯s Astron Energy will this year reopen the Cape Town oil refinery amid a "strong commercial case" to bring the operation back online.