Trafigura bids for minority stake in Natref refinery

Trafigura is bidding for a 36.36% stake in the Natref oil refinery in South Africa, competing against two local energy firms. The minority shareholding in the 108,500 barrels-per-day plant became available after the previous owner, a United Kingdom-based group, entered administration. The deal offers a rare entry point into one of Africa's largest fuel markets as regional demand continues to grow.

Trafigura Enters Race for Inland Refining Asset