Insight
SAPREF suspends operations
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
SAPREF, a joint venture between BP Southern Africa and Shell Refining SA, will be suspending production from the end of March 2022 for an indefinite period. In a joint statement released on 10th February, the co-owners announced a halt to further investment, with a sale deemed the preferred option for the refinery's future. Situated at the port of Durban, SAPREF is the largest of four refineries in South Africa, accounting for 35% of South Africa’s refining capacity. It is Africa’s most complex refinery, producing lubricating oils, solvents, bitumen and chemicals feedstocks in addition to transport fuels. The decision to suspend production comes despite net-positive margin in a challenging refining environment. This Insight explores the rationale behind the announcement and what this means for South Africa's refining landscape.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Contrasting Futures: Japan vs South Korea in Refining and Chemicals
Parallel challenges, divergent outcomes — the strategies shaping Japan and South Korea refining and chemical sectors
$900
Asset Report
Harmony 1 (Harmony Freegold Operations) gold mine
A detailed analysis of the Harmony 1 (Harmony Freegold Operations) gold mine.
$2,250
Asset Report
President Steyn (Closed) gold mine
A detailed analysis of the President Steyn (Closed) gold mine.
$2,250
