Africa Oil & Gas: Mozambique gas projects among key growth drivers on Sasol new strategy

Sasol Join CEOS
Sasol joint CEOs Bongani Nqwababa and Stephen Cornell (PHOTO by Duane Daws)

In future, the group’s growth would be targeted towards opportunities in the areas of specialty chemicals, Southern African fuel retailing and gas and oil exploration and production in Mozambique and West Africa. 

Chemicals and energy group Sasol is preparing to sell several assets, including its Canadian shale gas assets, following an overhaul of its corporate strategy.

Oil refining, GTL, commodity chemicals and renewable-energy were no longer viewed as growth drivers. Sasol would, however, seek to leverage renewable-energy to enable it to reduce emissions.(source: miningweekly)

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