Islamabad chevron – cape town oil refinery

Glencore to open new and improved Cape Town refinery

  • Islamabad chevron – cape town oil refinery
  • Islamabad chevron – cape town oil refinery
  • Islamabad chevron – cape town oil refinery
  • Islamabad chevron – cape town oil refinery

Glencore’s BEE partner OTS acquires Chevron South Africa

Astron Energy recommits to boosting SA’s oil

Glencore risks missing investment deadline for Cape Town refinery

Chevron Richmond Refinery Fire CSB

  • Why is Milnerton a major oil refinery in South Africa?
  • Their Milnerton refinery in Cape Town, the only crude oil refinery in the south-west of SA, supports several thousand direct and indirect jobs and is a significant contributor in ensuring security of supply to SA. With a daily processing capacity of 100 000 barrels of crude oil, their refinery produces petrol, diesel, jet fuel and LPG.
  • Does OTS own Chevron Botswana?
  • The acquisition includes a 100,000b/d refinery in Cape Town, a lubricants plant in Durban, and 850 service stations and storage facilities. The transaction also gives OTS a 100% stake in Chevron Botswana. Under the terms of the deal, OTS has committed to invest R6bn ($500m) to develop the Cape Town refinery.
  • Who owns Chevron South Africa?
  • Already owning a 23% stake in Chevron South Africa (CSA), OTS will now hold a 98% interest, with the remaining 2% to be held by employees. The deal comes after Chinese state-owned firm Sinopec agreed to acquire a 75% stake in CSA last year. OTS used its ‘first right of refusal’ to acquire the assets.
  • Where is our refinery located?
  • Our refinery is located between residential communities in the Cape Town area, so we take extra care to make sure we take the necessary steps to protect our employees, their families and our neighbouring communities. Petroleum refining is one of the most heavily regulated industries in the world.

Maybe you will like