Sasol prioritising coal de-stoning investment as it seeks to allay fears over big Secunda output dip

Energy and chemicals group Sasol has moved to address investor concerns that its yearly production at Secunda will need to fall to only 6.7-million tons for it to meet its goal of reducing the carbon-heavy Mpumalanga complex’s greenhouse gas emissions by 30% by 2030. Delivering his final results presentation, outgoing CEO Fleetwood Grobler insisted that the 6.7-million tons output profile announced in August represented the “low road” production scenario that emerged following a review of its emission roadmap once the use of liquefied natural gas (LNG) was eliminated as a plausible feedstock for Secunda.