Integrated_Annual_Report_2026 - Flipbook - Page 56
INTRODUCTION
SASOL AT A
GLANCE
DRIVING SUSTAINABLE
VALUE CREATION
EXECUTING
STRATEGY
DELIVERING
BUSINESS VALUE
SUMMARISED FINANCIAL
PERFORMANCE
CORPORATE
GOVERNANCE
SUSTAINABILITY
REPORT
REMUNERATION
REPORT
ASSURANCE /
ADMINISTRATION
STRENGTHEN OUR FOUNDATION CONTINUED
Southern Africa Energy and Chemicals continued
PRODUCE
SOURCE
Feedstock/utilities
OUTLOOK
MARKET
Leveraging unique technologies
Supply customers globally
Mining
Operations
Fuels
Maintaining a continuous supply of quality,
Secunda Operations
cost-effective coal that meets the requirements
FY27 production volume is expected to be 7,2 to 7,4 million tons,
for the Southern Africa value chain.
supported by continued reliability improvements, improved gasifier
Sasol plans to continue optimising the channel
mix to enhance financial performance and will
continue to build on this success.
availability and the benefits of coal quality initiatives. The Secunda phase
Unlocking value in the
Mining saleable production is expected to be between
Southern Africa business
30 – 32 million tons, higher than FY26, due to
restoration of operational capacity and enhanced
Over 1,37GW of renewable energy has been secured in South Africa,
is anchored in feedstock,
in-section efficiency.
supporting the goal of reaching 2GW by FY30.
operations, and marketing
Total cost per sales ton is expected to be within
Sasolburg and Natref Operations
and sales, with feedstock
the range of R680 – R750 supported by higher
In FY27, the focus will remain on sustaining reliability gains achieved in
production and cost.
FY26, strengthening steam supply resilience, supporting fuel specification
and reliable operations
representing the largest
Ongoing initiatives to improve destoning plant
levers at Sasol’s disposal.
improvements, with average sinks expected to
shutdown will occur in the first half of FY27.
compliance and maximising value from existing assets through targeted
optimisation initiatives. This included the commissioning of low-carbon
yield and throughput will drive further quality
boilers at Natref, strengthening steam supply reliability and reducing
emissions, as well as progressing Clean Fuels II to support compliance
remain below 12% in FY27.
with FY27 fuel specifications.
In parallel, the business continues to assess opportunities to repurpose
Overall FY27 sales volumes are expected to
be -3 to +3% compared to FY26 supported
by stable SO production, however subject to
ongoing market volatility and the finalisation of
Prax SA M&A process.
Gas
The expectation is to continue supplying the
South African gas market with natural and
methane-rich gas with volumes largely aligned
to FY26.
existing operations through the application of proven technologies and
Gas
more sustainable feedstock options, supporting longer-term value creation
The gas business will continue to optimise existing
projects and progress initiatives aimed at extending
the gas plateau, supporting security of supply and
pursuing economically viable regional opportunities.
Combined gas production volumes from the PPA and
PSA licences are expected to be 0 – 5% higher than
FY26, reflecting the current operating environment
and ongoing supply dynamics in Mozambique.
within the Southern Africa value chain.
Chemicals
ORYX GTL
Chemicals Africa sales volumes for FY27
are expected to be 0 – 5% higher than
FY26, supported by the anticipated improved
production at our operations.
The ORYX GTL facility was safely shutdown in March 2026, and put in
preservation status, in response to the regional tensions within the Middle
East. Prior to the shutdown, the asset delivered strong safety performance,
solid utilisation and robust margins. Start-up activities and production
ramp-up commenced in August 2026.
Restoring the Southern Africa value chain and unlocking value
Our focus
• Deliver on volume growth and margin upliftment
• Drive disciplined cost reduction with targeted
focus on capital efficiency
FY27
FY28
Ramp-up performance
Operational reliability
Improve mining own production
Performance restored
>7,4mt Secunda
Operational volume
SASOL INTEGRATED REPORT 2026
55
US$50/bbl
oil breakeven
by FY28
