South Africa has lost half of its fuel-making capacity in ten years
- South Africa has lost half of its fuel-making capacity in ten years
- The country's refining capacity has dropped from over 720,000 barrels per day to just 250,000 barrels per day due to long-term economic and regulatory issues, with uncertainty about cleaner fuel standards being a major factor
- The closure of refineries has resulted in the loss of thousands of good-paying jobs and a 20% drop in oil production, with South Africa now relying entirely on imports for its road construction needs
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