EMEA News
Production to Halt Indefinitely at South Africa's Sapref Refinery Next Month
Production is to be halted indefinitely at South Africa's largest refinery from next month.
The 180,000 b/d Sapref refinery near Durban has decided to halt production no later than March, with a restart still possible at a later date but with no deadline in mind, news provider The South African reported on Friday, citing comments from the company.
The refinery is a 50-50 joint venture between BP and Shell, and represents 35% of South Africa's refining capacity.
The decision has come to allow consideration of operations for the facility's shareholders, with a sale being the preferred scenario.
If continued for an extended period, the shutdown will be a significant further loss to South African refining after the decision last year to turn the Engen refinery into a storage terminal.
