Sasol assures it will not implement maximum gas price while settling matter with Nersa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia Malaysia Headlines News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Sasol has given assurance that it will not implement the maximum gas price as it waits to resolve the issue with the national energy regulator of South Africa. The increase would have meant that users would see a 96% price increase.

Image: Reutersas it waits to resolve the issue with the national energy regulator of South Africa.

Sasol says it has been engaging with NERSA since the beginning of the year to finalise a maximum gas pricing mechanism that will allow them to set a realistic price in today’s environment. Grobler says Sasol has found a creative way to get oil refinery plant NATREF output clean fuel compliant on diesel for a low investment. Sasol had previously been concerned about the funds needed for the plant to be compliant which was estimated at around R6 billion.

 

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:

 /  🏆 37. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines