Economic Calendar

Friday, November 21, 2008

Engen South Africa Refinery Shutdown May Last 2 to 4 Months

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By Vernon Wessels

Nov. 21 (Bloomberg) -- Engen Ltd., South Africa's largest fuel retailer, said its 125,000-barrel-a-day refinery in the port of Durban will be closed for two to four months after a fire.

The refinery has enough stocks left to last until ``externally sourced stocks arrive, so no impact on supply to consumers is expected,'' Engen said in an e-mailed statement today. Petroliam Nasional Bhd, Malaysia's state-owned oil company, owns 80 percent of Engen.

To contact the reporter on this story: Vernon Wessels in Johannesburg at vwessels@bloomberg.net




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