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Stock impact report

Qatar Eyed as LNG Supplier to Prevent South Africa's Gas Cliff [Financial Post (Toronto, Ontario, Canada)]

Sasol Ltd. American Depositary Shares (SSL) 
US:NYSE Investor Relations: sasol.com/investor-centre/overview
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Qatar is a leading candidate to supply liquefied natural gas to South Africa as power utility Eskom Holdings SOC Ltd. and Sasol Ltd. collaborate to get the fuel from new sources before its main supply drops off in 2027. The Gulf state “is top of the food chain” to sell LNG to Eskom and the chemical and fuel manufacturer due to its rich gas reserves, Electricity and Energy Minister Kgosientsho Ramokgopa said at a briefing in Johannesburg Friday. Qatar — which plans to boost LNG shipments more than 80% by 2030 — has expressed interest to South African President Cyril Ramaphosa in working together, the minister said. The most industrialized nation on the continent is racing against the clock to source alternative gas supplies as it faces a drop-off when fields in Mozambique operated by Sasol — which ships the fuel by pipeline to South African busines Show less Read more
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