Sasol declared force majeure on the supply of petroleum products due to delays in deliveries of crude to the Natref refinery it owns with TotalEnergies SE, leaving just a fraction of the country’s fuel-production capacity still operational. | Fin24
Sasol, South Africa’s largest fuel producer, declared force majeure on the supply of petroleum products due to delays in deliveries of crude to the Natref refinery it owns with TotalEnergies, leaving just a fraction of the country’s fuel-production capacity still operational.
The shutdown means the whole of South Africa’s oil-refinery fleet is out of action after a string of other facilities suspended production over the past two years. As a result, the country’s monthly petroleum product imports are set to as much as triple by next year from pre-pandemic levels, energy consultant Citac said in a May Only Sasol’s synthetic fuel operations, which use coal as a feedstock, remain fully operational, making up about a fifth of nationwide capacity.
Sapref, the country’s biggest plant, which is owned by Shell Plc and BP Plc, stopped operations ahead of a sale and was subsequently damaged by floods. State-owned PetroSA’s gas-to-liquids plant, another synthetic operation, has run out of feedstock.
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Sasol declares force majeure as stalled oil shipments shut down Natref | Fin24Sasol has declared a force majeure on petroleum products due to the delay of crude oil shipments that caused the shutdown of the Natref refinery. | Fin24
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