Interesting piece regarding Sasol gas requirements...

Interesting piece regarding Sasol gas requirements

https://www.engineeringnews.co.za/article/secunda-refinerys-post-2030-output-cut-as-sasol-struggles-to-pin-down-gas-supply-2023-08-23

"The group was initially aiming to sustain volumes by progressively switching from coal to gas as a transition feedstock, but it has to date failed to secure significant additional gas and has also shelved an idea for using imported liquefied natural gas on the basis that such a solution was uneconomic."

"Likewise, Sasol was keeping close tabs on Kinetiko Energy’s exploration activities in Mpumalanga and was engaging with the company on its discoveries to understand the technical aspects of the resource, as well as to assess the economics."


This with Sipho Nkosi stepping down as Sasol Chairman in Nov / DEC due to potential conflict of interest.

https://dailyinvestor.com/energy/37794/sasol-chair-quits-to-avoid-conflict-of-interest/?fbclid=IwAR13-fGoJxdcdBsSriEi_x8GQ_OXTXkeVkslRsBYf44dtHrCa4iNXi5kRjs

Sasol CEO Fleetwood Grobler said in August that discovery by Kinetiko could provide gas supply and that the companies were engaging over potential options.


DYOR