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PetroSA, South Africa's national oil company and operator of the world's first gas-to-liquid (GTL) refinery at Mossel Bay, is set to construct a R39-billion crude oil refinery in Coega near Port Elizabeth. Dubbed Project Mthombo, the proposed crude oil refinery is expected to produce about 200 000 barrels of fuel per day and will come on stream in 2014/2015. The name symbolises the fountain from which South Africa is to grow.
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