PetroSA confident on refinery

Issue 157 - 20 Feb 2009 | 2 minute read

PetroSA is confident that its planned new $11bn oil refinery at Coega in Eastern Cape Province will go into operation processing 400,000 b/d of crude from 2014. But the refinery still has major question marks hanging over it, particularly its cost and the lack of an equity partner to help develop the project and supply crude.

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