By Sully Manope
PetroSA’s proposed 300,000 BOPD crude refinery could be developed in 2021/22, but an investment decision would have to be made in 2017, it is official.
Sizwe Mncwango, chief executive of the Central Energy Fund, the parent body of the state hydrocarbon company PetroSA, says that the project, considered a medium term priority, is “viable on a standalone basis” and that there were “a lot of suitors out there who would like to associate themselves with these kinds of programmes”. Project Mthombo is to be located in the Coega industrial development zone, in the country’s Eastern Cape.
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