SA firms eye Iran oil deals

18 September 2015 - 02:10 By Reuters

South African oil companies will meet Iranian officials in October to discuss the resumption of crude imports, the Deputy Energy Minister Thembisile Majola said yesterday. Iran was once South Africa's biggest oil supplier, exporting about 380000 barrels a day.Majola also said South Africa was planning to build a crude oil refinery, which would use Iranian crude, to add to the existing PetroSA's gas-to-liquid plant in Mossel Bay."We had already begun these kinds of discussions in terms of having a partnership," she said, adding PetroSA had agreed to help Teheran build a gas-to-liquid refinery. ..

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