Saudi may build new oil refinery in SA - Radebe

"Oil refineries are ageing in this country and are unable to meet requirements. We are in need of new infrastructure to meet the increasing demand for petrol and diesel.

"REIPPPP is fully funded by the private sector. It is intended that there will be more bids which we will be announcing in the future," he told delegates. Radebe said most African countries realised the need to make an energy transition away from old to new ways of producing and consuming energy. "But it must be a just transition so we avoid unintended consequences of jobs losses and ghost towns," Radebe said.

Mahaman Laouan Gaya, the secretary-general for the African Petroleum Producers’ Organisation, said in large parts of the continent traditional sources of energy were still animals – camels, horses and cattle – or human energy.

Fin24 We already have 4 refineries.

Fin24 Another project like Medupi and Kusile that will go way over budget and timespan. And by the time its finally completed we will all be driving around with electric cars.

Fin24 Theyll build the refinery but we will sell them Denel.

SonjaPHD Fin24 So funny MYANC politicians no creatiive vision for job creation

Fin24 South africa really can't do anything on it's own

Fin24 What is South Africa doing? Everyone is coming to do shit in our country why are we taking the lead?😣

Fin24 Funny how sceptical South Africans are. Maybe it’s because we just know that the ANC will sell us down the river !

Fin24 Why Saudi? We can't find anyone in Afrika who could assist us in that area?!?!

Fin24 Just WOW

Unathi_Kwaza Fin24 Great!! As long as all South Africans benefit from this investment. Jeff, 🇿🇦’s are watching your every move now. Make sure the process is transparent, or else.......

Fin24 Sold out to them you mean.

Fin24

Fin24 Talk about playing the short game. Electric cars coming and existing refineries not at full capacity. Smells like corruption

Fin24 Minister since 1994

Fin24 Why can’t SA build its own refinery? Oh yes it will be mired in corruption and make petrol R30 a liter 🤣

Fin24 But if you vote ANC ne

Fin24 It may not be this elections or the bedtimes. But one day you will lose those votes to a different party and you will all be gone forvever

Fin24 After they kill 32 people

Fin24 So the regime that actually chops ppl’s heads off will be building a refinery here in SA

Fin24 Can't we build it ourself... in 25 years we have not trained south africa engineers to build these plants...

Fin24 The same Saudis with poor human rights ,ow

Fin24 Gavin watson will run it.

Unathi_Kwaza Fin24 Hahaha a. Fucktards.

justicebigM Fin24 Hopefully this will not only create jobs but reduce fuel prices.

Fin24 Sold your soul to the devil Radebe?

Fin24 China have their own fareshare in our country now the Saudis.... Wonder who's the next highest bidder....

Fin24 HolyShit that is the very country both his Sbari went to. And we asked what was Motsepe doing with CR in Saudi..? Julius_S_Malema they are at it again.

Fin24 Wait until the unions try strike with these guys owning it, fun times ahead all the games are coming out but vote anc and watch the tenders and corruption flow

Fin24 am a professional electrician

Fin24 if u need workers am read to work

Fin24 Ok why can’t we build it ourselves if I may politely ask

Fin24 So! SA is incapable of building it own refinery?

Fin24 Great. Building more allegiance with global assassins. However could this go wrong.

Fin24 Eish I am lost for words yaz 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

Fin24 One colonizer to another .

Fin24 Wonder who from Radebe's family is going to be BEE Partner-he should rather spend time on deregulating the petrol industry,before ppl start burning tyres to get his attention away from Saudi money and onto high feul prices of which half is taxes

Fin24 Tired of SOEs?

Fin24 This was on the news a few months ago, apparently either Port Elizabeth or Richard's Bay

Fin24 Abezo bo let them come tu

Fin24 Radebe, dont get involved with the Saudis, they may murder you in a foreign country,dismember you and get rid of your corpse.

Fin24 Couldn't South Africa build its own 'Refinery' seeing as that the land is theirs, than lease it to Saudi🤷🏾‍♀️

Fin24 oily radebe brushing up with murderous saudi that is busy subjecting yemen to famine

Fin24 Why not build it ourselves, for ourselves, as envisaged by former President Jacob Zuma?

Fin24 Andile Ramaphosa will be the CEO

Fin24 Is this the Saudi that gave Eskom 10billion loan?

Fin24 More jobs needed people are starving out here

Fin24 i swear.. just show these ppl some kind of money.. and they happy to do ANYTHING.. love prostituting themselves!!

Fin24 Y Saudi can't we built our own

Fin24 For the motsepe family and Ramaphosa

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