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PetroSA has been in financial dire straits for years, recording losses even before its only asset – the Mossel Bay gas-to-liquids plant – ceased production in late 2020, after offshore gas feedstocks ...
As a state-owned enterprise created to play a strategic role in the oil and gas industry, PetroSA’s success or failure has ...
The deal will contribute towards restarting PetroSA's gas-to-liquids refinery in Mossel Bay. The project is estimated to be worth approximately R3.7 billion. Gazprombank is believed to have ...
Meanwhile, earlier this year, PetroSA’s deal with Russia’s Gazrpom Bank to refurbish its gas-to-liquids refinery in Mossel Bay moved into the feasibility stage, according to the state-owned ...
Getting the Mossel Bay refinery going again will be key to ... The Strategic Fuel Fund, iGAS and PetroSA will all be merged under the SANPC. "It's not going to be a government department, it's ...