South Africa's Strategic Fuel Fund bids for Chevron's refinery
South Africa's Strategic Fuel Fund bids for Chevron's refinery
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  • 승인 2016.07.04 17:17
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[에너지신문] 04 July 2016 - South Africa's state-owned Strategic Fuel Fund (SFF) has presented a commercial offer to Chevron for the acquisition of a 75% stake in the Cape Town refinery in South Africa, along with other downstream assets in the country and in neighbouring countries.

In January 2016, Chevron announced that it would sell its activities in South Africa, after selling assets in Nigeria. In addition to the refinery, Chevron has interests in a lubricant plant in Durban and operates a network of Caltex service stations. Acquiring the 110,000 bbl/d facility would enable the SFF to meet its mandate to ensure a security of supply of liquid fuels.

-http://www.enerdata.net/enerdatauk/press-and-publication/energy-news-001/south-africas-strategic-fuel-fund-bids-chevrons-refinery_37566.html

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