South Africa

Details

  • Industry: Oil & Gas
  • Type: Press release
  • Date: 2012/09/17

Local refineries face many challenges 

South Africa’s refineries are faced with challenges brought on by trade sanctions against Iran, as well as stricter clean fuels legislation.

This is further compounded by the fact that the country’s aging refinery infrastructure is costly to maintain, when compared with that of Europe and Asia.


To meet these challenges, some of the local refineries have already invested in plant upgrades, increased plant refining capabilities to process lower-grade crude oils, desulphurisation capacity to comply with the ever-increasing environmental legislation regarding clean fuels, as well as the reconfiguration of the refining process in reducing carbon emissions and increasing energy efficiency.

 

Read the full article to find out more about the dynamics behind the decisions of the country’s main refineries.

 

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Contact

Contact
Carel Smit
Head of Markets
Energy and Natural Resources
Tel: +27 (0)11 647 7065
carel.smit@kpmg.co.za