Craig Morkel, chairperson of the Gas Economy Leadership Team at the SA Oil and Gas Alliance (Saoga) said the CEF will have to look for a private partner to help them manage the Sapref refinery.

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic 1 rand (five US cents) ...

have reached an agreement to sell shares in the assets of the largest oil refinery in South Africa to the state-owned central energy fund SOC Ltd. This is reported in a joint statement by BP and Shell ...

South Africa’s state-owned Central Energy Fund (CEF) wants to manage petrochemical assets at the nation’s biggest fuel-storage hub after it bought the country’s largest fuel refinery that’s adjacent ...

The fund plans to repair the refinery and increase its capacity. The Sapref sale didn’t include BP and Shell’s terminal at Island View. Transnet National Ports Authority in November said it ...