DOCSLIB.ORG

Positive Actions in Turbulent Times

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

positive actions in turbulent times Our strategy remains unchanged and our value proposition intact. Balancing short-term needs and long-term sustainability, we have continued to renew our business basics, preserving Sasol’s robust fundamentals and delivering a solid performance in deteriorating markets. Our pipeline of growth projects remains strong, even though we have reprioritised capital spending. With our shared values as our guide, we have dealt decisively with disappointments and unprecedented challenges. We are confident that our positive actions will help us navigate the storm and emerge stronger than before. About Sasol sasol annual review and summarised financial information 2009 financial information and summarised review sasol annual Sasol is an energy and chemicals company. We convert coal and gas into liquid fuels, fuel components and chemicals through our proprietary Fischer-Tropsch (FT) processes. We mine coal in South Africa, and produce gas and condensate in Mozambique and oil in Gabon. We have chemical manufacturing and marketing operations in South Africa, Europe, the Middle East, Asia and the Americas. In South Africa, we refine imported crude oil and retail liquid fuels through our network of Sasol convenience centres. We also supply fuels to other distributors in the region and gas to industrial customers in South Africa. Based in South Africa, Sasol has operations in 38 countries and employs some 34 000 people. We continue to pursue international opportunities to commercialise our gas-to-liquids (GTL) and coal-to-liquids (CTL) technology. In partnership with Qatar Petroleum we started up our first international GTL plant, Oryx GTL, in Qatar in 2007. In 2009, alongside our respective partners, we retained an economic interest in the Escravos GTL project in Nigeria and made progress investigating the feasibility of a CTL plant in China and a GTL plant in Uzbekistan. We also advanced our upstream oil and gas activities in Mozambique, Nigeria, Gabon, South Africa, Papua New Guinea and Australia. Formed in 1950, Sasol started producing synthetic fuels in 1955. Sasol is listed on the JSE Limited in South Africa and the positive actions New York Stock Exchange. annual review and summarised financial information 2009 Sasol’s flagship operations at Secunda, Mpumalanga Province. www.sasol.com AR Cover: Oryx GTL, Sasol’s flagship GTL facility in Qatar. contents about this report Group overview Operating reviews continued 01–13 64–68 Annual review and summarised financial information 2009 AR Salient features and financial review 1 Other businesses Financial and operating performance 2 4 Global activities Sasol Technology 65 Research and development, technology management and innovation, Sasol’s reporting aims to provide a balanced, understandable, complete and easily comparable view of our business. Integrated business model 6 engineering services and project management. Alongside the ongoing stakeholder interaction and communication expected of a responsible organisation committed to Consistent strategic direction 8 Sasol Financing 67 Group cash and liquidity, credit-rating processes, in-house banking, accountability, Sasol produces a suite of reporting publications. Investing in growth 10 financing, foreign exchange, interest rate and treasury risk management. This annual review includes summarised financial information for the year ended 30 June 2009. Stakeholders are advised to read Board of directors 12 this annual review in conjunction with: Sustainable development review Annual financial statements FIN 69 – 94 Including a full analysis of the groups’s results by the chief financial officer. Business reviews 14–27 Form 20-F 20F Chairman’s statement 14 Summarised financial information Our annual report under the Securities Exchange Act of 1934 on Form 20-F to be filed with the United States Securities 95 – 99 and Exchange Commission during October 2009. The Form 20-F is available on our website (www.sasol.com). Chief executive’s report 18 Cluster reviews 24 Salient features 96 Contact information 100 Sustainable development report SD Statement of financial position 98 Produced in accordance with Global Reporting Initiative (GRI) guidelines. Income statement 99 Operating reviews These reports provide a complete view of the group’s strategy, businesses, performance against objectives, and prospects. 28– 63 Stakeholders are advised to refer to the important information about the forward-looking statements used in this report, below. South African energy cluster Petrol Diesel Sasol Mining 30 Coal mining, gas marketing and distribution, synfuels and chemical Jet fuel Forward-looking statements Sasol Gas 33 feedstock production, liquid fuels production and marketing. End products Fuel oil Sasol Synfuels 36 Illuminating paraffin Liquefied petroleum gas Sasol Oil 39 In this document we make certain statements that are not historical facts and relate to analyses and other information which are based on Pipeline gas forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, Lubricants and greases developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding International energy cluster Bitumen exchange rate fluctuations, volume growth, increases in market share, total shareholder return and cost reductions. Words such as “believe”, Speciality carbon products “anticipate”, “expect”, “intend", “seek”, “will”, “plan”, “could”, “may”, “endeavour” and “project” and similar expressions are intended to Sasol Synfuels International (SSI) 44 Oil and gas exploration and production, and development Chemical feedstock identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward- Sasol Petroleum International (SPI) 47 of international gas-to-liquids (GTL) and coal-to-liquids (CTL) ventures. GTL naphtha looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of Chemical cluster End products important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report under the Securities Exchange Sasol Polymers 52 Production and marketing of a wide range of surfactants, surfactant Detergents and soaps Woven polypropylene carpets Candles Act of 1934 on Form 20-F filed on 7 October 2008 and in other filings with the United States Securities and Exchange Commission. The list Sasol Solvents 55 intermediates, specialty inorganic chemicals, alcohols, esters, acrylates, Catalysts Automotive components Crayons of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which Sasol Olefins & Surfactants (Sasol O&S) 58 ketones and other solvents, comonomers, monomers and polymers, Paints and coatings Plastic film and packaging Polishes and coatings they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future Sasol Nitro, Sasol Wax, including polyethylene, polypropylene and polyvinyl chloride. Perfumes and deodorants Household cleaning liquids Microchip coatings events or otherwise. Sasol Infrachem and Merisol 60 Production and marketing of ammonia and ammonia-based compounds, Pharmaceuticals Fertilisers Sun protection creams Compact and digital video discs Explosives for mining and quarrying Water-treatment chemicals fertilisers, commercial explosives, hydrogen and other specialty gases, Note on measurement: Besides applying barrels (b) and cubic metres (Mm3) for reporting on oil and gas reserves and production, Sasol applies Système International (SI) metric sulphur, waxes and waxy oils, and cresols and other cresylics, as well Pipe, conduit and electrical accessories Rubber-processing chemicals Inks measures for all global operations. A ton (also spelt as tonne) denotes one metric ton equivalent to 1 000 kilograms (kg) or about 2 200 imperial pounds. Sasol’s reference to a Cable Food coatings metric ton should not be confused with an imperial ton equivalent to 2 240 pounds (or about 1 016 kg). In addition, in line with a particular South African distinction under the as alkylamines and mining reagents. auspices of the South African Bureau of Standards (SABS), all Sasol global reporting emanating from South Africa uses the decimal comma (eg, 3,5) instead of the more familiar decimal point (eg, 3.5) used in the UK, USA and elsewhere. Similarly, a hard space is used to distinguish thousands in numeric figures (eg, 2 500) instead of a comma (eg, 2,500). A billion is defined as 1 000 million. contents about this report Group overview Operating reviews continued 01–13 64–68 Annual review and summarised financial information 2009 AR Salient features and financial review 1 Other businesses Financial and operating performance 2 4 Global activities
Recommended publications
  • TRANSNET PIPELINES 2020 Transnet Pipelines 2020 1

    TRANSNET PIPELINES 2020 Transnet Pipelines 2020 1

    TRANSNET PIPELINES 2020 Transnet Pipelines 2020 1 Contents 2 Highlights 2 Business overview 3 Where we operate 3 Regulatory environment 4 Operational performance 4 Core initiatives for 2020 5 Overview of key performance indicators 6 Financial performance review 7 Performance commentary 7 Financial sustainability 7 Capacity creation and maintenance 7 Operational performance 7 Capacity utilisation 7 Service delivery 8 Sustainable developmental outcomes 9 Key risks and mitigating activities 9 Opportunities 10 Abbreviations and acronyms Transnet Pipelines 2020 2 Highlights Revenue increased by 8,9% to R5,7 billion. EBITDA decreased by 4,7% to R3,8 billion. Petroleum volumes transported decreased by 0,3% to 17,8 billion litres. Recorded a DIFR of 0,70 against a target of 0,60. The New Multi-Product Pipeline (NMPP), 24-inch trunk Business overview line is in full operation with a capacity of 148 Mℓ per Transnet Pipelines (Pipelines) is the largest multi- week. The line is capable of transporting two diesel product pipeline operator in southern Africa, grades (D10 and D50) and two unleaded petrol grades transporting liquid petroleum and methane-rich gas (93 and 95) as well as jet fuel. through a network of 3 116 kilometres of pipeline The inland accumulation facility, located in the infrastructure. The core strategic objective of strategic node of Jameson Park, Gauteng (TM2) with Pipelines is to play a key role to ensure the product a capacity of 180 Mℓ, has been operational since security of supply for the inland market. Pipelines December 2017. It facilitates security of supply to the offers integrated pipeline network supply chain inland economic hub and surrounding areas.
  • Social Assessment for the Proposed Sigma Colliery Ash Backfilling Project

    Social Assessment for the Proposed Sigma Colliery Ash Backfilling Project

    SOCIAL ASSESSMENT FOR THE PROPOSED SIGMA COLLIERY ASH BACKFILLING PROJECT SASOL MINING (PTY) LIMITED OCTOBER 2013 _________________________________________________ Digby Wells and Associates (South Africa) (Pty) Ltd (Subsidiary of Digby Wells & Associates (Pty) Ltd). Co. Reg. No. 2010/008577/07. Fern Isle, Section 10, 359 Pretoria Ave Randburg Private Bag X10046, Randburg, 2125, South Africa Tel: +27 11 789 9495, Fax: +27 11 789 9498, [email protected], www.digbywells.com ________________________________________________ Directors: A Sing*, AR Wilke, LF Koeslag, PD Tanner (British)*, AJ Reynolds (Chairman) (British)*, J Leaver*, GE Trusler (C.E.O) *Non-Executive _________________________________________________ SOCIAL ASSESSMENT SAS1691 This document has been prepared by Digby Wells Environmental. Report Title: Social Assessment for the Proposed Sigma Colliery Ash Backfilling Project Project Number: SAS1691 Name Responsibility Signature Date Angeline Report writing 15 October 2013 Swanepoel Report writing and Karien Lotter 21 October 2013 review This report is provided solely for the purposes set out in it and may not, in whole or in part, be used for any other purpose without Digby Wells Environmental prior written consent. ii SOCIAL ASSESSMENT SAS1691 EXECUTIVE SUMMARY Introduction This document presents the results of a social assessment for the proposed ash backfilling project for Sasol Mining’s (Pty) Ltd (Sasol) Sigma Colliery located near Sasolburg in the Free State Province, South Africa. The following terms of reference (ToR) was developed for the assessment: ■ Update the socio-economic baseline description using 2011 Census statistics; and ■ Identify potential social risks and impacts that may arise as a direct result of the proposed project activities, as well as indirectly as a result of impacts on other aspects of the environment (such as ground and surface water).
  • Producing Meerkat Images with an Unlikely Algorithm SYSTEMS

    Producing Meerkat Images with an Unlikely Algorithm SYSTEMS

    New Chief Scientist for SKA SA Former Columbia University academic joins SKA South Africa. PAGE 15 2016NEWSLETTER FOR SOUTH AFRICA’s SQUARE KILOMETRE ARRAY PROJECTnews PRODUCING PAGE 10 MEERKAT IMAGESThe search for WITH AN UNLIKELY serendipity ALGORITHM How will we find the PAGE 10 unknown unknowns? NEWS MINISTER NALEDI PANDOR AND DEPUTY MINISTERS VISIT ARRAY RELEASE 1 PAGE 03 SYSTEMS HERA AWARDED $9.5 MILLION FUNDING PAGE 12 OUTREACH LEADING US RADIO ASTRONOMER VISITS CARNARVON HIGH SCHOOL PAGE 16 From 4 of the Major milestone Ten legacy project eventual 64 dishes towards delivering teams share MeerKAT produces first the SKA Existing and future survey remarkable test image SKA selects final dish design project teams present plans SKANEWS 2016/2017 NEWSLETTER FOR SOUTH AFRICA’S SQUARE KILOMETRE ARRAY PROJECT SKA IN AFRICA HERA Thousands of SKA antenna dishes will be built in South Africa The HERA (Hydrogen Epoch of Reionisation Array) radio telescope will (in the Karoo, not far from the Northern Cape town of Carnarvon), be instrumental in detecting the distinctive signature that would allow with outstations in other parts of South Africa, astronomers to understand the formation and evolution of the very first as well as in eight African partner countries. luminous sources: the first stars and galaxies in the Universe. C-BASS KAT-7 The C-Band All Sky Survey project (C-BASS) The seven-dish MeerKAT precursor array, KAT-7, is a project to map the sky in microwave is the world’s first radio telescope array consisting of (short-wavelength radio) radiation. composite antenna structures. KUTUNSE MeerKAT The antenna in Kutunse, Ghana, which is part of the The South African MeerKAT radio telescope is a precursor to the SKA African Very Long Baseline Interferometry Square Kilometre Array (SKA) telescope and will be integrated (VLBI) Network (AVN).
  • Sub-National Governments and Foreign Policy: the Case of the Limpopo Province in South Africa

    Sub-National Governments and Foreign Policy: the Case of the Limpopo Province in South Africa

    SUB-NATIONAL GOVERNMENTS AND FOREIGN POLICY: THE CASE OF THE LIMPOPO PROVINCE IN SOUTH AFRICA by Vhulenda Edna Matshili Submitted in accordance with the requirements of the degree of Masters of Arts in the subject Politics at the University of South Africa Supervisor: Professor Jo-Ansie van Wyk 2013 DECLARATION I declare that “Sub-national governments and foreign policy: The case of the Limpopo province in South Africa ” is my own work and that all the sources that I have used or quoted have been indicated and acknowledged by means of complete references. ________________________ _____________________ Signature Date (Miss Vhulenda Edna Matshili) i ABSTRACT The aim of this study is to analyse and describe the role of sub-national governments (SNG’s) in foreign policy and how the conduct of diplomacy has developed in the South African context, and to assess why and how provinces engage in this phenomenon. The theoretical approach to this study is embedded in neo- functionalism. In order to illustrate this, the South African province, the Limpopo Province is used as an illustrative case study. In particular, the study will analyse the role of the International Relations Unit (IRU) within the Office of the Premier (OtP) in the Limpopo Province as a case study. Limpopo is the main focus of this study because it, inter alia, borders on three sovereign states (Botswana, Mozambique and Zimbabwe) which place the province in a good position to engage in international relations, mutual intentions and friendly relations with its neighbouring and other distant countries. The results of this study is that provinces have become important foreign policy and international relations actors in the area of low politics; however the national government remains as the main actor in the international relations and foreign policy making process.
  • Truth and Reconciliation Commission of South Africa Report: Volume 2

    Truth and Reconciliation Commission of South Africa Report: Volume 2

    VOLUME TWO Truth and Reconciliation Commission of South Africa Report The report of the Truth and Reconciliation Commission was presented to President Nelson Mandela on 29 October 1998. Archbishop Desmond Tutu Ms Hlengiwe Mkhize Chairperson Dr Alex Boraine Mr Dumisa Ntsebeza Vice-Chairperson Ms Mary Burton Dr Wendy Orr Revd Bongani Finca Adv Denzil Potgieter Ms Sisi Khampepe Dr Fazel Randera Mr Richard Lyster Ms Yasmin Sooka Mr Wynand Malan* Ms Glenda Wildschut Dr Khoza Mgojo * Subject to minority position. See volume 5. Chief Executive Officer: Dr Biki Minyuku I CONTENTS Chapter 1 Chapter 6 National Overview .......................................... 1 Special Investigation The Death of President Samora Machel ................................................ 488 Chapter 2 The State outside Special Investigation South Africa (1960-1990).......................... 42 Helderberg Crash ........................................... 497 Special Investigation Chemical and Biological Warfare........ 504 Chapter 3 The State inside South Africa (1960-1990).......................... 165 Special Investigation Appendix: State Security Forces: Directory Secret State Funding................................... 518 of Organisations and Structures........................ 313 Special Investigation Exhumations....................................................... 537 Chapter 4 The Liberation Movements from 1960 to 1990 ..................................................... 325 Special Investigation Appendix: Organisational structures and The Mandela United
  • Sasol Beyond South Africa

    Sasol Beyond South Africa

    Sasol beyond South Africa Who is Sasol? Sasol was founded in 1950 as Suid-Afrikaanse Steenkool en Olie (South African Coal and Oil) and was the world’s first coal-to-liquids refinery, now supplying 40% of South Africa’s fuel. The company has technology for the conversion of low-grade coal into synthetic fuels and chemicals. The company is also involved in many other industries, such as olefins and surfactants, polymers, solvents, ammonia, wax and nitrogen (used in fertiliser and explosives), among others. Protestors at the Global Day of Action during the UN’s 17th Conference of the Parties. Photo: groundWork Global activities Sasol is a global company listed on the New York and Johannesburg stock exchanges and has exploration, development, production, marketing and sales operations in thirty-eight countries across the world, including Southern Africa, the rest of Africa, the Americas, the United Kingdom, Europe, the Middle East, Northern Asia, Southeast Asia, the Far East and Australasia. Sasol Petroleum International (SPI) is responsible for Sasol’s oil and gas exploration in countries beyond South Africa, including Gabon, Nigeria, Papua Niue Guinea and Australia, while Sasol Synfuels International (SSI) develops gas-to-liquids (GTL) plants in places such as Latin America, Australasia, Asia-Pacific and the Middle East. 1 Africa Mozambique Mozambique’s current electricity generating capacity is around 2 200 MW, most of it from the Cahora Bassa hydroelectric dam. Most of that power is exported to neighbouring South Africa despite only about 18% of Mozambicans having access to electricity. A $2.1 billion joint venture project between Sasol and Mozambique’s Empresa Nacional Pipelines carrying gas from Mozambique to South Africa de Hidrocarbonetas (ENH) aims http://www.un.org/africarenewal/magazine/october-2007/pipeline-benefits- to develop a gas resource that mozambique-south-africa has been ‘stranded’ for many years since its discovery in the 1960.
  • Proposed Coal-Fired Power Stations and Associated Infrastructure in the Waterberg, Limpopo

    Proposed Coal-Fired Power Stations and Associated Infrastructure in the Waterberg, Limpopo

    Report No: [4793A/402719] ENVIRONMENTAL IMPACT ASSESSMENT PROCESS: PROPOSED COAL-FIRED POWER STATIONS AND ASSOCIATED INFRASTRUCTURE IN THE WATERBERG, LIMPOPO FINAL SCOPING REPORT March 2009 LEAD CONSULTANT PROPONENT Ninham Shand (Pty) Ltd. Eskom Holdings Ltd. 81 Church Street Eskom Generation PO Box 1347 Megawatt Park Cape Town Maxwell Drive 8000 Sandton, 2199 Tel: (021) 481 2400 Tel: (011) 800 3501 Fax: (021) 424 5588 Fax : (011) 800 5140 Email: [email protected] Website : www.eskom.co.za PROPOSED COAL-FIRED POWER STATIONS IN THE WATERBERG, LIMPOPO: SCOPING REPORT Page i PROJECT DETAILS DEAT REFERENCE NO. : 12/12/20/1255 TITLE : FINAL SCOPING REPORT AUTHORS : Louise Corbett, Ashwin West, Brett Lawson SUBCONSULTANTS : AirShed Planning Professionals Golder Associates Groundwater Consulting Services InfoTox Ivuzi Johnny van Schalkwyk (Private Consultant) Jongens Keet Associates Makecha Development Association Ndodana Consulting Engineers Ptersa Environmental Management Consultants Riscom Smith, Summers, Ndlovu Associates Strategic Environmental Focus Urban-Econ Zitholele Consulting CLIENT : Eskom Holdings Limited (Generation Division) REPORT STATUS : Final REPORT NUMBER : 4793A/402719 REPORT DATE : 31 March 2009 ................................................ ………........................................... LOUISE CORBETT ASHWIN WEST (Pr. Sci Nat) Environmental Practitioner Associate: Environmental Discipline Group ................................................ BRETT LAWSON (Cert. EAPSA)(Pr Sci Nat) Associate: Environmental Discipline
  • The Free State, South Africa

    The Free State, South Africa

    Higher Education in Regional and City Development Higher Education in Regional and City Higher Education in Regional and City Development Development THE FREE STATE, SOUTH AFRICA The third largest of South Africa’s nine provinces, the Free State suffers from The Free State, unemployment, poverty and low skills. Only one-third of its working age adults are employed. 150 000 unemployed youth are outside of training and education. South Africa Centrally located and landlocked, the Free State lacks obvious regional assets and features a declining economy. Jaana Puukka, Patrick Dubarle, Holly McKiernan, How can the Free State develop a more inclusive labour market and education Jairam Reddy and Philip Wade. system? How can it address the long-term challenges of poverty, inequity and poor health? How can it turn the potential of its universities and FET-colleges into an active asset for regional development? This publication explores a range of helpful policy measures and institutional reforms to mobilise higher education for regional development. It is part of the series of the OECD reviews of Higher Education in Regional and City Development. These reviews help mobilise higher education institutions for economic, social and cultural development of cities and regions. They analyse how the higher education system T impacts upon regional and local development and bring together universities, other he Free State, South Africa higher education institutions and public and private agencies to identify strategic goals and to work towards them. CONTENTS Chapter 1. The Free State in context Chapter 2. Human capital and skills development in the Free State Chapter 3.
  • Management Has Reviewed the Request for Inspection of the Republic of South Africa Eskom Investment Support Project (Lbrd Loan No

    Management Has Reviewed the Request for Inspection of the Republic of South Africa Eskom Investment Support Project (Lbrd Loan No

    BANK MANAGEMENT RESPONSE TO REQUEST FOR INSPECTION PANEL REVIEW OF THE REPUBLIC OF SOUTH AFRICA ESKOM INVESTMENT SUPPORT PROJECT (IBRD Loan No. 78620) Management has reviewed the Request for Inspection of the Republic of South Africa Eskom Investment Support Project (lBRD Loan No. 78620), received by the Inspection Panel on April 6, 2010 and registered on April 7, 2010 (RQI0/03). Management has prepared the following response. May 25,2010 Eskom Investment Support Project CONTENTS Abbreviations and Acronyms ......................................................................................... iii Executive Summary ......................................................................................................... iv I. INTRODUCTION.................................................................................................... 1 II. THE REQ VEST ....................................................................................................... 1 III. COUNTRY CONTEXT AND PROJECT BACKGROUND ............................... 2 IV. SPECIAL ISSUES ................................................................................................... 7 V. MANAGEMENT'S RESPONSE .......................................................................... 20 ANNEXES Annex 1. Claims and Responses MAPS IBRD 37886 South Africa - Eskom Investment Support Project, Request for Inspection (project area) IBRD 37853 South Africa - Eskom Investment Support Project, Request for Inspection (detail) ii Republic ofSouth Africa ABBREVIATIONS AND ACRONYMS
  • The Unraveling of a Fertiliser Cartel As Sasol Settles with the Commission on a Record Fine Fertiliser Cartel As

    The Unraveling of a Fertiliser Cartel As Sasol Settles with the Commission on a Record Fine Fertiliser Cartel As

    Edition 32 • June 2009 In this Edition Page 1 - 4 The Unraveling of a The Unraveling of a Fertiliser Cartel as Sasol settles with the Commission on a Record Fine Fertiliser Cartel as Page 2 Editorial Note Sasol Settles with the Page 5 Commission on a Record ICN Merger and Unilateral Conduct Workshops Fine Page 6 R250 million, representing 8% of its Practitioners meeting Sasol Nitro division’s turnover. Below we briefly discuss the cases as well as the Commission’s approach to this Page 7-8 settlement. Merger between Much Asphalt, Gauteng Asphalt, Road Seal and The Nutri-Flo Complaint Road Seal Properties In November 2003, Nutri-Flo, a small Page 9-10 fertiliser blender and distributor (a The Competition Act and Professional customer of Sasol), lodged a complaint Associations with the Commission alleging that three large fertiliser suppliers in South Africa, Sasol, Kynoch and Omnia, were Page 11-12 engaged in collusion by dividing the The Organisation for Economic Co- markets for various fertiliser products operation and Development and the such as Limestone Ammonium Nitrate Global Forum on Competition, 2009 (LAN) and by fixing prices of LAN and other fertiliser products. Further, By: Tembinkosi Bonakele Nutri-Flo alleged that Sasol had Page 13-14 abused its dominance by engaging Competition Commission of South in excessive pricing in respect of LAN On 20 May 2009 the Competition Africa against Senwes Limited and Ammonium Nitrate Solution (ANS) Tribunal (‘the Tribunal’) confirmed and in exclusionary conduct through the settlement agreement between an effective margin squeeze. the Competition Commission (‘the Page 14-15 Commission’) and Sasol Chemical Competition Commission Initiates During its investigation of the complaint Industries (‘Sasol’).
  • Focused and Energised About Sasol

    Focused and Energised About Sasol

    sustainable development report 2010 focused and energised about sasol Sasol is an energy and chemicals company. We are technology driven, converting gas and coal into liquid fuels, fuel components and chemicals through our proprietary processes. We are focused on commercialising our gas-to-liquids (GTL) and coal- to-liquids (CTL) technology internationally. We mine coal in South Africa, and produce gas and condensate in Mozambique and oil in Gabon. We continue to advance our upstream oil and gas activities in Mozambique, Nigeria, Gabon, South Africa, Papua New Guinea and Australia. In South Africa, we refi ne imported crude oil and retail liquid fuels through our network of Sasol convenience centres, and supply gas to industrial customers. We also supply fuel to other distributors in the region. We have chemical manufacturing and marketing operations in South Africa, Europe, the Middle East, Asia and the Americas. Formed in 1950, Sasol has been producing liquid fuels since 1955. Sasol is listed on the JSE Limited in South Africa and the New York Stock Exchange. our vision A more detailed review of Sasol’s primary brands, products and services, its operational structure, the countries in which it operates, and the primary markets served To grow profi tably, sustainably and inclusively is provided on our website while delivering value to stakeholders http://sasolsdr.com through proprietary technology and the talent of our people in the energy GRI – 2.1 – 2.8 and chemical markets in Southern Africa and worldwide. sasol’s values The Sasol group’s vision, strategic growth drivers and daily business operations are founded on, and inspired by, six shared values: Customer focus Safety Continuous improvement We meet customers’ needs by providing We commit to eliminate all incidents Our innovative spirit drives us as we world-class service, optimal product and work to world-class safety standards.
  • Petrosa Template

    Petrosa Template

    Gas to Liquid Technologies March 2012 Gareth Shaw The Petroleum Oil and Gas Corporation of South Africa (Soc) Ltd Reg. No. 1970/008130/07 The Petroleum Oil and Gas Corporation of South Africa (Pty) Ltd Reg. No. 1970/008130/07 Objectives What role should GTL technology play in future energy supply in South Africa? • List of GTL technologies to be considered • Major characteristics: • Costs • Emissions • Jobs • Water use The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07 2 GTL role in future supply The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07 3 Regional energy resource mix • East coast and West coast gas • Shale gas (not shown below) Current Operations The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07 Source: DOE, RSA 1 4 Demand for liquid fuels The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07 Source: PFC Energy 2 5 Gas reserves required to meet future growth GTL technology is now designed to make diesel In 2025 3.3 Tcf of gas will be required to meet 50 000 b/d diesel demand growth. In 2030 a further 4.6 Tcf of gas will be required to meet the 70 000 b/d diesel demand growth. The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07 Source: PFC Energy 2 6 GTL growing internationally Qatar Nigeria Malaysia Qatar Sasolburg Mossel Bay The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg.