One day - One Company

Email This Page

Sasol in brief

Reaching new frontiers

Sasol was established in Sasolburg in South Africa in 1950 to develop on industrial basis the Coal-To-Liquids (CTL) technology as this country is rich of coal and many other resources but holds limited oil and gas conventional fields.

Sasol started up the first CTL plant in 1955 to produce synthetic fuels and chemicals.

In 1979, Sasol was privatized and listed on the Johannesburg Stock Exchange.

In 1993, Sasol commissioned the first full scale Fischer-Tropsch reactor in Sasolburg and in 2001, Sasol signed with Qatar Petroleum the Oryx GTL project in the Ras Laffan Industrial City for the construction of the first Gas-To-Liquids (GTL) project to produce 32,400 b/d of diesel, naphtha and liquid petroleum gas (LPG).

Qatar was Sasol first step into the international market, followed in 2004 by gas fields exploration and production in Mozambique.

In parallel to the refining activities, Sasol developed the chemical business with Sasol Polymers and Sasol Wax.

In 2007, Sasol started commercial operations at the Oryx GTL plant in Qatar.

In 2010, Sasol took a leap in its globalization strategy in forming a 50/50 joint venture with Talisman Energy for the development of the Farrel Creek Shale gas field in British Columbia, Canada.

Today Sasol is holds interests in 38 countries with 34,000 people.

With its unique expertise to convert coal, natural gas or any other primary sources of hydrocarbons into liquids and petrochemicals Sasol expand its global market leaderships everywhere crude oil is not available.

Sasol Key Figures:  

 – 2011/2012 Revenues: $19,54 billion

 – 2010/2011 Revenues: $16,42 billion

 – 2011/2012 Earnings: $4,23 billion

 – 2010/2011 Earnings: $3,45 billion

 – 2011/2012 Capital Expenditure: $3,34 billion

 – 2010/2011 Capital Expenditure: $2,42 billion

Sasol Projects and Business Highlights

In South Africa, Sasol innovated in deploying the CTL and GTL technologies from laboratories to industrial scale

In China and in Qatar, Sasol brought the evidence that these CTL and GTL processes could be reliable, safe and economically viable at industrial scale.

Since coal and natural gas are the cheapest sources of energy at this moment with all indications that it will stay so for decades as we do not see limits to these resources, the spread in prices with crude oil guaranties the profitability of the CTL or GTL projects.

From these success, Sasol, in joint venture with Petronas and Uzbekneftegaz, is preparing the construction of a replicate of the Qatar Oryx GTL project in .

With no access to any sea, Uzbekistan most find solutions to reduce its energy reliance on imports and all the associated taxes to be paid to the neighboring countries for the transportation to cross over.

Now Sasol is planning two GTL projects in North America to make a new step and provide evidence that GTL can be a game changer in the regional energy mix.

In Louisiana, Sasol is initiating the front end engineering and design (FEED) for the Lake Charles GTL project with an ethane cracker and olefin complex.

Then the Fort Saskatchewan GTL project should follow in Alberta, on the western Canada.

In North America, the price difference between natural gas and oil is the widest in the world, in addition the consumers market is on site, saving all the transportation costs.

In this context, Sasol does not want to miss an historical opportunities to change again dimension with its unique CTL and GTL and petrochemical technologies.  

 For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer

Leave a Reply

Most online loan lenders allow getting New Jersey Loans Online without visiting a bank, straight to your bank account. One of the main advantages of Sovaldi is that it can be used by patients belonging to all 4 genotypes. Buy Sovaldi is a very strong drug, and as all of them, it has a number of side effects that can be caused.