BP to invest USD1 billion in South Africa, including refinery upgrade

MOSCOW (MRC) -- BP Southern Africa (BPSA) will invest USD1 billion in South Africa in the next five years with more than a quarter of that set aside to upgrade the SAPREF refinery to produce lower sulfur diesel, its chief executive said, reported Reuters.The 180,00 barrels per day SAPREF refinery, South Africa's largest, is a 50:50 venture between Royal Dutch Shell and BPSA, a subsidiary

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