2023: Shell and BP sold the Sapref refinery (Durban, 175,000bpd) to the CEF/state for a nominal R1 plus liabilities, the most significant closure/transfer of refining capacity in SA history, later entangled in litigation with the purchaser’s partners. Value nominal; reported .
Value: Nominal R1 (2023) (as reported in the financial press).
Advisers: No legal adviser is identified in the public record reviewed by The Meridian.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
