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bp, Shell agree to sell Sapref land, associated assets to the CEF

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Following successful negotiations, bp Southern Africa and Shell Downstream South Africa (SDSA) have reached an agreement for the sale of their respective 50% ownership of assets located at the Sapref refinery precinct, in KwaZulu-Natal, to South African State-owned entity the Central Energy Fund (CEF). The sale includes SDSA and bpSA’s interests in the Sapref land and other associated assets, which includes tanks, process units, pipelines to and from Sapref to Island View terminal, and the Single Buoy Mooring for crude imports.

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Durban , Kwazulu Natal , South Africa , Kwazulu , Eastern Cape , Island View , South African , Natal , Taelo Mojapelo , Aluwani Museisi , Central Energy Fund , Southern Africa , Shell Downstream South Africa , South African State Owned , Single Buoy Mooring ,

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