South Africa Crude-Refinery Upgrades Seen Costing $2.7 BillionBy
The cost to upgrade South Africa’s six crude refineries to produce lower-sulfur fuel will be about 40 billion rand ($2.7 billion) and this still may not be sufficient to supply the domestic market, Strategic Fuel Fund Chief Executive Officer Sibusiso Gamede said.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Bitcoin Futures Deliver Wild Ride as Debut Brings Rally, Halts
- Investors Told to Brace for Steepest Rate Hikes Since 2006
- Longtime NPR Host Tom Ashbrook Is Facing Misconduct Allegations
- Times Square Subway Bomber Tells Police He’s a Follower of Islamic State
- Buffett's About to Get $3 Billion Back From Burger King Owner