Shell, BP to pay operational costs to buyer of South Africa's Sapref refinery

South African units of Shell and BP will pay around $15-million to State-run Central Energy Fund (CEF) for operational costs at Sapref refinery that the oil firms are selling to the government, a letter from Minister Gwede Mantashe to the finance ministry showed. The payments could help kickstart the revival of South Africa's largest refinery as government looks to secure security of petroleum supplies amid declining refining capacity.