Shareholders of SA's largest oil refinery Sapref, south of Durban, have decided to suspend operations indefinitely by the end of March as they consider selling the plant.
made the announcement on Thursday, saying it would not affect full-time employees and safety remains a primary consideration.
The decision has been taken to allow an informed finalisation on the options available to shareholders, a sale option being the most preferred.” “The shareholders will use other existing assets and trading arrangements to ensure ongoing security of fuel supply to the country and their consumers.”
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