U.S oil major Chevron looks to dispose of 75 pct of South African business

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Reuters CAPE TOWN
Last Updated : Jan 21 2016 | 9:28 PM IST

CAPE TOWN (Reuters) - U.S. oil major Chevron said on Thursday it plans to sell 75 percent of its South African business unit which includes a 110,000 barrel a day refinery in Cape Town.

Chevron said its call for expression of interest was in line with a three-year asset sales programme it announced in 2014.

(Reporting by Wendell Roelf; Editing by James Macharia)

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First Published: Jan 21 2016 | 9:08 PM IST

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