South Africa to decide on new oil refinery this year: energy minister

PUBLISHED: Fri, 19 May 2017 12:27:20 GMT
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South Africa, a net importer of refined oil products, needs a new refinery and the cabinet is expected to make a firm decision later this year on whether to build a new facility, the new energy minister said on Friday.

Mmamoloko Kubayi told parliament that a public-private partnership to develop the new refinery that would be majority owned by South Africa’s government was preferred.

(Reporting by Wendell Roelf; Editing by James Macharia)

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