KeyfactsEnergy

Sasol

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Sasol Limited
1 Sturdee Avenue, Rosebank
Johannesburg, South Africa 2196

PO Box 5486, Johannesburg
South Africa 2000

Tel: +27 11 441 3111

Description

Sasol was established in 1950 in South Africa and remain one of the country’s largest investors in capital projects, skills development and technological research and development. The company is listed on the JSE in South Africa and on the New York Stock Exchange in the United States.

The Company develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product streams, including liquid fuels, chemicals and low-carbon electricity.

Upstream

Sasol Exploration and Production International (SEPI) develops and manages the group’s upstream interests in oil and gas exploration and production in Mozambique, South Africa, Canada, Gabon and Australia.

Mozambique: the centre of the company's growth strategy for Southern Africa
South Africa: ongoing exploration interests offshore KwaZulu-Natal
Gabon: equity stake in an oil producing asset
Outside Africa: 50% equity interest in a shale gas venture in British Columbia, Canada with Progress Energy

SEPI is driving the development of Sasol’s upstream business to allow the group to meet its strategic objective of accelerating the growth of its proprietary gas-to-liquid (GTL) technology. In recent years the Company have taken a number of steps to expand their global upstream portfolio, encouraged by the global abundance of natural gas and the rapid development of the shale gas industry, as well as the lower carbon intensity of natural gas.

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