South Africa to become more reliant on fuel imports as local refineries face closure : vimarsana.com

South Africa to become more reliant on fuel imports as local refineries face closure


South Africa to become more reliant on fuel imports as local refineries face closure
Subscribe
South Africa will grow even more dependent on imports for its fuel needs as the country’s refining sector faces an uncertain future, says Avhapfani Tshifularo, executive director of the South African Petroleum Industry Association (SAPIA).
In an interview with
S&P Global Platts, Tshifularo said all six of the country’s refineries are currently ‘under review’ and some of them “will have to make some very difficult decisions”.
The likely scenario will be to either “to convert a refinery into import or dispose (of) the refinery altogether” instead of an expensive upgrade program, he said.

Related Keywords

South Africa , South African , Petroliam Nasional Bhd , Avhapfani Tshifularo , Elitsa Georgieva , Bloomberg , African Petroleum Industry Association , Eskom , Glencore Plc , South African Petroleum Industry Association , பெட்ரோலியம் நேஷனல் ப்ட் , ப்ளூம்பெர்க் , குளெங்கோறே ப்ல் ,

© 2024 Vimarsana