Sasol betting big on natural gas

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Sasol betting big on natural gas: The company’s earnings have soar given the energy crunch caused by Russia’s war on Ukraine — and it’s betting on another fossil fuel to carry it into the future

. It has been touted by the company as a transition fuel for coal-dependent economies, despite some pointing out that it is far from clean or economically practical.

after the release of Sasol’s annual financial results, the company’s chief financial officer, Hanré Rossouw, said there has to be a recognition that the squeeze on gas and oil prices will probably be short-lived.Subscribe to the M&G today for just R30 for the first three months* to gain access to this story and all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sasol betting big on natural gasSasol betting big on natural gas - The company’s earnings have soar given the energy crunch caused by Russia’s war on Ukraine — and it’s betting on another fossil fuel to carry it into the future I wish everyone can be like you, lisa , I haven't lost since you have been managing my trading account, I love you so much LisaMarkdona2 Sasol - polluter extraordinaire
Source: mailandguardian - 🏆 2. / 92 Read more »