Energy
Gazprom Unit Deal to Fix S. Africa Refinery Moves to Feasibility
- Feasibility study is currently underway, PetroSA says
- Final investment decision timing not disclosed, was due April
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A deal between South Africa’s state-owned oil company and a unit of Russia’s Gazprom Group to revive its gas-to-liquids refinery in Mossel Bay on the nation’s south coast has moved into the feasibility stage, PetroSA said.
“The feasibility study for the refurbishment contract with Gazprombank Africa — which will provide an overview of all factors impacting on the viability of the reinstatement of the gas-to-liquids refinery — is currently underway,” PetroSA spokeswoman Nonny Mashika-Dennison said in a reply to questions.