Astron Energy Refinery
The Astron Energy Refinery in Milnerton, Cape Town | |
| Location |
|
|---|---|
| Refinery details | |
| Operator | Astron Energy |
| Owner | Astron Energy[1] |
| Opened | 1966[1] |
| Capacity | 100,000 bbl/d (16,000 m3/d)[1] |
| Complexity index | 6.4[2] |
| No. of employees | 500 (2026)[3] |
| Website | astronenergy |
The Astron Energy Refinery, also referred to as the Astron Refinery is a major oil refinery located in Cape Town, South Africa. It is owned and operated by South African petroleum company Astron Energy, which is the country's second-largest consumer gas retailer by number of outlets.
The site is situated on a plot of just over 208 hectares[4] alongside the N7 freeway, in Milnerton Rural, in a part of Cape Town zoned for industrial and commercial buildings.
As of 2026, the refinery is one of two active crude oil refineries in South Africa, and the only one in the Western Cape. It has a crude oil processing capacity of 100,000 barrels per day.[5]
History
[edit]The refinery was commissioned in 1966, and constructed by US oil and gas company Caltex. It was the first major oil refinery built in the Western Cape, and formed part of Caltex's expansion of its local refining operations.[6][7]
The Caltex Refinery was upgraded in 1970, with the addition of its first vacuum distillation unit, while a second crude distillation unit and associated processing facilities were added as part of the construction of the North Refinery, commissioned in 1978.[7]
In 1996, US oil and gas company Chevron acquired Texaco's interest in Caltex, making Chevron the sole owner of the refinery, which continued to operate under the Caltex brand.[8]
In 2016, Chevron announced it would exit the South African and Botswanan downstream oil markets.[9] A sale agreement was reached in March 2017.
Swiss commodity trading and mining company Glencore announced an agreement with Off The Shelf Investments Fifty Six (OTS), under which OTS would acquire a 75% shareholding in Chevron SA from Chevron, with Glencore acting as the technical and financial partner.[10] The transaction included the Caltex Refinery, a lubricants plant in Durban, storage and distribution facilities, and the Caltex-branded gas station network.[10]
The acquisition was completed in September 2018, and Chevron SA was subsequently renamed Astron Energy. The latter retained the right to operate the Caltex brand in South Africa and Botswana under a licensing agreement with Chevron, while forecourts were rebranded to Astron Energy over multiple years.[11]
In 2019, following regulatory approval, Glencore converted its financing of OTS's acquisition into a 75% controlling interest in Astron Energy. The remaining ownership was held by OTS and its employees. The South African Competition Tribunal's approval of the transaction required, among other commitments, substantial investment in the Astron Energy Refinery.[12][13]
Operations
[edit]As of 2026, the Astron Refinery has a crude oil processing capacity of 100,000 barrels. It is one of two crude oil refineries in South Africa, and the only one in the Western Cape, serving as a major source of refined petroleum products for the province.[5]
See also
[edit]References
[edit]- 1 2 3 "About Us". Astron Energy. Retrieved 9 September 2026.
- ↑ "Cape Town refinery". Downstream Download. Retrieved 9 September 2026.
- ↑ "The South African Energy Sector". University of KwaZulu-Natal. Retrieved 9 September 2026.
- ↑ "Astron Energy Cape Town Refinery". GeoView. Retrieved 10 September 2026.
- 1 2 "Oil". Glencore. Retrieved 10 September 2026.
- ↑ "Our Journey". Caltex South Africa. Retrieved 10 September 2026.
- 1 2 "Atmospheric Emission Licence: Chevron South Africa (Pty) Ltd, Cape Town Refinery" (PDF). City of Cape Town. 31 March 2014. Retrieved 10 September 2026.
- ↑ "NATSURV 15: National Survey of Water Use in the Petroleum Industry". Water Research Commission. Retrieved 10 September 2026.
- ↑ Wendell Roelf (22 March 2017). "Chevron confirms sale of its SA assets to Sinopec". Moneyweb. Retrieved 10 September 2026.
- 1 2 "Proposed acquisition of shareholdings in Chevron South Africa and Chevron Botswana". Glencore. 6 October 2017. Retrieved 10 September 2026.
- ↑ "OTS takes over Chevron in milestone acquisition". IOL. 28 September 2018. Retrieved 10 September 2026.
- ↑ "Offering Circular" (PDF). Glencore. 2020. Retrieved 10 September 2026.
- ↑ "Glencore South Africa Oil Investment (Pty) Ltd v Chevron South Africa (Pty) Ltd". Competition Tribunal of South Africa. 25 April 2019. Retrieved 10 September 2026.