Skip to content

South Africa needs R129.9-billion for refinery revival

# South Africa could need more than 129.9-billion-rand to revive two mothballed State-owned refineries and strengthen energy security. The Central Energy Fund says reviving Sapref in Durban could cost about 116.1-billion-rand, with a final investment decision targeted for 2027/28. The Mossel Bay gas-to-liquids refinery would restart in phases, with the first phase costing about 5.8-billion-rand, targeting 18-thousand barrels a day. A second phase would require another 8.5-billion-rand and raise output to 46-thousand barrels a day.