Petrochemicals firm Sasol says it’s considering buying a majority stake in Chevron’s South African assets, including its 110,000 barrels-per-day oil refinery and retail stations.
Chevron said in January it would sell its 75 percent stake in its business in the country after making similar sales in Nigeria due to weak oil prices.
Sasol which is the world’s biggest maker of fuel from coal, is slashing costs due to the plunge in oil prices by shelving major projects and cutting jobs.

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