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In December 1967, Sasol, together with Total SA and the National Iranian Oil Company, incorporated as a joint venture company South Africa’s only inland refinery (Natref) in Sasolburg. The refinery was commissioned in February 1971. Currently, Sasol, as the major shareholder, and Total South Africa (Pty) Limited ("Total"), a subsidiary of Total S.A. of France hold 63.64% and 36.36%, respectively, in Natref.