The Petroleum Oil and Gas Corporation of South Africa (SOC) will operate the upcoming Richards Bay cracking refinery, proposed to be built at KwaZulu-Natal, South Africa. According to GlobalData, who tracks and profiles more than 1,400 refineries worldwide, the integrated cracking refinery will be owned by CEF (SOC) and Saudi Arabian Oil, with operations expected to start in 2028. Buy the profile here.
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About The Petroleum Oil and Gas Corporation of South Africa (SOC)
The Petroleum Oil and Gas Corporation of South Africa (Pty) Ltd (PetroSA), a subsidiary of Central Energy Fund, is a provider of oil and natural gas exploration and production services. The company produces diesel, liquid oxygen and nitrogen, petrol, kerosene, propane, distillates, eco-fuels and synthetic alcohols. It also develops domestic refining and infrastructure for transport of liquid fuels. The company also sells and markets petroleum products to wholesalers, state-owned companies and gas customers, and trades oil and petrochemical products in local and international markets. It markets most of its fuel products to major oil companies operating in South Africa. The company has its operations in the Americas, Europe, Middle East and Africa. PetroSA is headquartered in Cape Town, South Africa.
For more details on the Richards Bay cracking refinery, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
