South Africa Offers to Buy Chevron Refinery, Other Assets

Updated on
  • State-owned Strategic Fuel Fund has forwarded commercial offer
  • Chevron operates 110,000 barrels-per-day Cape Town refinery

South Africa’s state-owned Strategic Fuel Fund said it has expressed interest in buying Chevron’s Corp.’s Cape Town oil refinery, retail-fuel stations, and other assets in the country and in neighboring states.

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