Sasol in hot pursuit of cheap new gas supply to claw back Secunda fuel refinery write-off

The original article can be found here.

Article highlights:

  • Sasol’s Secunda plant faces negative cash flows post-2030 if a new, cheap, supply of gas cannot be secured.
  • The group has fully impaired its liquid fuels refinery, but believes it can claw much of this back over time.
  • Sasol reported a 65% fall in earnings due to write-downs and other challenges.