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South African Oil Refining Halted After Natref Shutdown

OIL

The closure of Sasol’s Natref refinery in South Africa this weekend means all the countries oil-refineries are now shut.

  • Sasol said they have been forced to shut down operations at Natref due to a shortage of crude supplies because of late shipments. “Sasol Oil will not be in a position to fully meet its commitments on the supply of all petroleum products from July 2022,” the company said.
  • South Africa is now forced to rely more heavily on costly imports. Sasol’s synthetic fuel operations remain open, which is the only domestic fuel production and uses coal as a feedstock.

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