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‘Refining capacity is industrial capacity’, says CEF chair as imports reach 61%
13th October, 2026 · Updated: 9th October, 2026
mported fuel now meets about 61% of South Africa’s demand, up from 22% in 2019, and Central Energy Fund chairperson Ayanda Noah has called for investment in the SANPC Refinery Development Programme, a proposed 400,000 barrel-a-day refinery estimated at $7.15bn that would create about 12,500 construction jobs.