Sinopec (SNP) and PetroSA, South Africa’s state-owned oil company, sign a framework...

|By:, SA News Editor

Sinopec (SNP) and PetroSA, South Africa’s state-owned oil company, sign a framework agreement to build a crude refinery that’s set to be the country’s biggest. The 400K bbl/day plant would almost double South Africa’s current combined capacity of 497K barrels from four refineries.