Sasol Resumes Normal Transportation Fuel Production
Tuesday January 29, 11:09 am ET
JOHANNESBURG, South Africa, Jan. 29 /PRNewswire-FirstCall/ -- In order to ensure continued supply of transportation fuels to the inland region, Sasol Synfuels resumed normal production last night. This is after throughput was reduced last Friday in response to Eskom's request for load cuts.
Sasol is working closely with Eskom and Government and is confident that transportation fuel supplies will be maintained.
"While doing everything possible to optimise electricity consumption, it is essential to resume full operation of the Synfuels value chain in order to maintain supplies to customers. For the last few days upstream operations have been running at somewhat reduced loads but we have been able to maintain full supply of final products by utilising intermediate component stocks," says Sasol executive director Benny Mokaba.
The group is pleased to report that its contingency plans to help normalise production throughout its South African operations have successfully limited the impact of power shortages.
Sasol Mining continues to supply adequate feedstock for synthetic fuel and chemicals production and the stockpile inventory remains at satisfactory levels. Sasol's chemical cluster was not affected by the load cuts.
Sasol is an integrated oil and gas company with substantial chemical interests. Based in South Africa and operating worldwide, Sasol is listed on the NYSE and JSE stock exchanges. We are the leading provider of liquid fuels in South Africa and a major international producer of chemicals. Sasol uses proprietary Fischer-Tropsch technologies for the commercial production of synthetic fuels and chemicals from low-grade coal and natural gas. We manufacture more than 200 fuel and chemical products that are sold worldwide. In South Africa we also operate coal mines to provide feedstock for our synthetic fuels plants. Sasol operates the only inland crude oil refinery in South Africa. The group produces crude oil in offshore Gabon, supplies Mozambican natural gas to end-user customers and petrochemical plants in South Africa, and with partners involved in gas-to-liquids fuel joint ventures in Qatar and Nigeria.
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