- Petro-chemicals giants, Sasol Limited, yesterday announced its financial results for the year ended 30 June 2025.
- Sasol delivered a strong cost performance and disciplined capital management, resulting in 75% higher free cash flow compared to the prior year, despite a challenging macroeconomic and operating environment.
- Sasol is one of the worlds biggest corporate air polluters. Read more
Key energy related highlights:
Southern Africa business: Construction of the Destoning plant is complete, start-up activities have commenced. The plant is on track to be fully online by the end of the calendar year. This development supports the pathway to improving coal quality, restoring Secunda Operations (SO) volumes and increasing cash generation.
Furthermore, Natref has made significant progress towards achieving compliance with Clean Fuels 2 regulation through the installation of its first low carbon boiler. The second low carbon boiler is expected to be commissioned by the end of this month. We achieved an oil breakeven price of US$59/bbl, in line with our target, despite lower SO volumes.
The Sasol synfuels plant in Secunda, South Africa. The plant is both the largest coal-to-liquids plant and the largest point source of greenhouse gas emissions in the world. Image credit: Sasol
Emission Reduction Roadmap (ERR): Target of 2GW of renewable energy by 2030, is on track. More than 900 MW of renewable power purchase agreements in South Africa have been secured, up from 750MW in May, together with virtual power purchases at Lake Charles, setting the stage for Sasol’s long-term decarbonisation and energy resilience. Sasol’s third renewable energy (RE) facility, the Damlaagte solar PV plant located near Parys in the Free State, came online on 22 August 2025 and is now feeding 97,5MW of RE into Sasol’s facilities bringing a total of online RE to 169.5 MW.
In an interview with Engineering News, CEO Simon Baloyi confirmed that Sasol has applied to the National Energy Regulator of South Africa (Nersa) for an electricity trading licence and is also planning to take equity positions in renewable-energy projects in future. However, at the time of publishing this article, there is no official SASOL application on NERSA’s electricity trading licence applications registery.
Discovery Green, in partnership with Sasol, recently launched Ampli Energy – a market-first month-to-month renewable energy product that gives South African businesses of all sizes immediate access to green energy at scale through the national grid. Together, Discovery Green and Sasol have committed over 450MWh per annum of renewable energy generation capacity – representing a R1.8 billion to R2.5 billion investment – to Ampli Energy, which will be delivered to businesses in tranches.
Sasol is one of the world’s biggest corporate air polluters and one questions why the company has made a decision to sell its clean electricity which should be used to offset carbon emissions from their coal and gas power plants. Read more
Author: Bryan Groenendaal
