Government’s plan to revive critical South African industry

• The CEF intends to rebuild the Sapref refinery south of the port city of Durban, targeting a daily throughput of 400,000 barrels.
• The CEF's plan would boost local processing capabilities and reduce reliance on imports, which account for about 61% of supply, up from 22% in 2019.
• The CEF's plan could more than double total refining capacity in South Africa, with the continent's biggest economy relying on only two operational crude-refining facilities.