Shell Confirms Intention to Exit South Africa Operations, DM Says
- Company has about 600 forecourts, nation’s biggest refinery
- BP, Shell own Sapref refinery, which halted output in 2022
A Shell gas station in Cape Town, South Africa.
Photographer: Dwayne Senior/BloombergThis article is for subscribers only.
Shell Plc intends to exit shareholdings in its South African retail, transport and refining operations, Daily Maverick reported.
The energy company made the decision after reviewing its downstream and renewables business across all regions and markets, the website reported, citing Shell.