SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 63
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
PORTFOLIOS
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
STRENGTHEN OUR FOUNDATION
SOUTHERN AFRICA ENERGY AND CHEMICALS continued
OUTLOOK
Unlocking value in the Southern Africa business is anchored in feedstock, operations, and
marketing and sales, with feedstock and operations representing the largest levers at our disposal.
We are following an integrated approach that spans upstream feedstock and downstream facilities,
with a focus on targeted reliability interventions.
SOURCE
Feedstock/
utilities
PRODUCE
MARKET
Leveraging
unique
technologies
Supply
customers
globally
Mining
Operations
Fuels
Maintaining a continuous supply of quality, cost-effective coal
that meets the requirements for the Southern African value
chain.
Secunda Operations
We plan to continue optimising the channel mix to enhance
financial performance and will continue to build on this success.
Mining saleable production is expected to be between
28 and 30 mt, 0 – 7% higher than prior year.
Total cost per sales ton is expected to remain within range of
R700 – R750/ton, with improvement towards the lower end of
the range supported by higher production and lower cost.
Destoning project is progressing well and remains on track for
completion in H1 FY26, with sinks expected to average
12 – 14% in FY26.
Gas
The gas business (including Exploration) will continue to
implement and optimise existing projects to extend the gas
plateau to FY28, support initiatives aimed at supplying gas to
external customers and, assess and pursue economically viable
exploration opportunities in the region.
Production volumes are expected to increase to 7,0 – 7,2 mt in FY26. This increase is
driven by a restoration programme aimed at improving gasifier availability and the
establishment of a destoning plant to enhance coal quality.
Through our self-build and renewable energy procurement programme, we have
secured 920 MW of which 72 MW is already online and 98 MW will reach commercial
operation date in Q1 FY26.
Sasolburg and Natref Operations
Key priorities in FY26 include improving equipment reliability of production and
steam supply units, commissioning of additional low carbon boilers at Natref
to stabilise steam supply and progress on CF 11 to meet FY27 compliance date.
Opportunities to leverage existing technologies and sustainable feedstocks
to repurpose current operations continue to be explored.
ORYX GTL
In FY26 ORYX GTL is expected to continue its overall good performance with
shutdowns on both trains planned for FY27.
Overall FY26 sales volumes are expected to be 0 – 3% higher
than FY25 driven by improved higher anticipated production
at SO and Natref.
Gas marketing and sales
We expect to continue supplying the South African gas market
with natural and methane-rich gas with volumes largely
aligned to 2025.
Chemicals Africa
Chemicals Africa sales volumes for FY26 are expected to
be 0 – 5% higher than FY25, supported by the anticipated
improved production at our operations and dependent
on supply chain performance in South Africa.
Combined PPA and PSA gas production in FY26 expected to be
0 – 10% higher than FY25, supported by further ramp up on PSA.
Restoring the Southern African
value chain and unlocking value
Our focus
FY26
FY27
FY28
Step-up and
stabilise
Ramp-up
performance
Performance
restored
Coal quality
improvement
Operational
reliability
>7,4 mt
Secunda
Operations volume
A Deliver on volume growth and margin upliftment
A Drive disciplined cost reduction; with targeted
focus on capital efficiency
A Manage internal and external spend
SASOL INTEGRATED REPORT 2025
62
US$55 - 60
/bbl
value chain oil
breakeven
by FY261
1
In nominal terms
US$50
/bbl
value chain oil
breakeven
by FY281
1
In nominal terms
