Mossel Bay Gas-to-Liquids Refinery Restart
Sector: Oil and Gas • Location: Mossel Bay, Western Cape, South Africa
PetroSA's deal with Gazprombank Africa to restart the gas-to-liquids refinery in Mossel Bay is on the brink of collapse after the Russian bank failed to deliver on its financial commitments. The deal, valued at R3.7 billion, was initially approved by the South African Cabinet but has faced numerous challenges, including Gazprombank's inability to secure promised funding and the emergence of signif
- Status
- Failure
- Sector
- Oil and Gas
- Location
- Mossel Bay, Western Cape, South Africa
- Updated
- 22 Jul 2026
- Source
- amaBhungane
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Project Information
Participants
| Not available for this record. |
Status
Original status | Cancelled |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | PetroSA's deal with Gazprombank Africa to restart the gas-to-liquids refinery in Mossel Bay is on the brink of collapse after the Russian bank failed to deliver on its financial commitments. The deal, valued at R3.7 billion, was initially approved by the South African Cabinet but has faced numerous challenges, including Gazprombank's inability to secure promised funding and the emergence of significant governance concerns. |
Original sector | Energy |
Budget |
Location
Country | South Africa |
State | Western Cape |
City | Mossel Bay |
Source
Source | amaBhungane |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-01-29 |
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