national patent mineral oil refining to diesel machine in johannesburg

                                               
                                               
                                               
                                               
                                               
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  • Could BP and Shell sell South Africa's oil refineries?
  • It was also possible that those refineries currently associated with international oil majors that had signalled a desire to withdraw from refining, such as BP and Shell, could seek to sell their South African refining assets, he said. BP and Shell currently own the 165 000 bbl/d Sapref refinery in Durban, which is South Africa ¡¯s largest.
  • How will South Africa's oil refinery sector change in 5 years?
  • South Africa ¡¯s oil refinery sector is expected to undergo significant changes in the coming five years, with Engen having already indicated that it will repurpose its refinery site in Durban as a fuel importation terminal and with global and domestic shifts likely to place significant pressure on the others.
  • Will South Africa be able to produce petrol & diesel in 2026?
  • South Africa expects all refineries to produce petrol and diesel to its so-called Cleaner Fuels 2 standard, which was initially mean to be implemented in 2017, by 2026. There were also fewer security -of-supply concerns in light of the current global refining over capacity, which made it easier to source finished petroleum products.
  • What if South Africa adopts a mining & refining policy?
  • As indicated in Table II, if the government chooses to adopt this policy option, its application to both mining and refining companies would effectively still collect compensatory revenues for South Africa's non-renewable resources and economic rents for the government.
  • Why is the petroleum refining industry important?
  • The petroleum refining industry plays a key role in maintaining a stable global energy market by providing fuels and feedstock from crude oil.
  • How many refineries are there in South Africa?
  • South Africa currently has six refineries, three of which (Astron in Cape Town, PetroSA in Mossel Bay and Engen) are currently not operating.