PetroSA to secure SA fuel supply


21 February 2008

State-owned oil company PetroSA has announced several infrastructure projects to improve and upgrade its facilities around the country, thereby improving South Africa’s fuel supply chain, and to provide the country with sufficient strategic fuel reserves.

The company, which operates of the world’s first and largest gas-to-liquid refinery at Mossel Bay, previously announced that preliminary studies have shown that the planned crude oil refinery at the Coega industrial development zone would be able to produce 250 000 barrels of fuel per day instead of the initial 200 000.

The Coega Development Corporation announced last week that the Petroleum, Oil and Gas Corporation of South Africa (PetroSA) had been granted preferred investor status for the land earmarked for the refinery.

“In addition to the planned crude oil refinery at Coega, Port Elizabeth, new facilities and upgrades will be [continue reading]

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