South African Fuel Producer Sasol to Restart Refinery by End July

South African fuel and petrochemical company Sasol Ltd (SOLJ.J) will restart its refinery by the end of July. The company declared force majeure at its second biggest refinery, recently due its inability to get feedstock (crude oil).

Sasol is the only producer of petroleum products in South Africa through its two refineries – Secunda, with output of around 150,000 barrels per day (bpd) and Natref, at around 108,000 bpd.

“The crude tanker has arrived in Durban and cargo dispatches are underway. Natref should start-up to run at maximum production capability by end July 2022,” Sasol said in the statement.

The company, which owns the Natref refinery with a subsidiary of France’s TotalEnergies (TTEF.PA), said it does not “anticipate any fuel supply shortages to fuel stations, including our own.”