📋 Tender Overview
Scope :
The Petroleum Oil and Gas Corporation of South Africa (SOC) will operate the upcoming Richards Bay refinery, proposed to be built at KwaZulu-Natal in South Africa. The integrated refinery will be owned by CEF (SOC) and Saudi Arabian Oil and is expected to start operations in 2028.
Key processes of the refinery :
Crude Distillation Unit (mbd): 300
Vacuum Distillation (mbd): 144
Catalytic Cracker (mbd): 75
Hydrocracker (mbd): 72
Reformer (mbd): 57
Hydrotreater (mbd): 189
Alkylation (mbd): 9
Isomerization (mbd): 18
During the period 2021-2025, the Richards Bay refinery is expected to witness an estimated capex of $2,300m.
It is located near Richards in KwaZulu-Natal, South Africa. This upcoming project is an initiative by The Petroleum Oil and Gas Corporation of South Africa (SOC) and will be operational by 2028. It is a result of South Africa and Saudi Arabia’s joint investment, whereby Saudi Aramco proposed an investment of $10 billion in the refining complex at Richards Bay. The country’s Central Energy Fund (CEF) and Saudi Aramco have concluded a non-disclosure agreement, and therefore, not a lot is known about the project. However, it is speculated that the crude distillation unit will process 300 million barrels per day.
