by Gerhard Engelbrecht | Oct 16, 2020 | Chemicals
Sasol’s spot earnings were slightly lower this week as refining margins weakened, and ethane prices increased. FY21 spot earnings are at R6.72/share for FY21. Diesel crack spreads remain weak and petrol cracks have declined by $2/bbl (>50%).Asian...
by Gerhard Engelbrecht | Oct 2, 2020 | Chemicals
Sasol’s spot earnings were flat this week as slightly higher oil prices and refining margins were offset by a stronger rand. FY21 spot earnings are at R6.56/share for FY21. Refining margins remain particularly weak and diesel cracks are still...
by Gerhard Engelbrecht | Sep 28, 2020 | Chemicals
We assess the risks in the Sasol investment case with specific focus on gas reserves and gas prices Download
by Gerhard Engelbrecht | Sep 28, 2020 | Chemicals
Lake Charles shutdown: Sasol’s Lake Charles facilities has been shut since late August as a result of Hurricane Laura. The company guides that reliable electricity supply is only expected in early to mid-October. Start-up of the producing facilities...
by Gerhard Engelbrecht | Sep 24, 2020 | Chemicals
Spot earnings moved higher again this week as chemical prices rose, and the rand weakened. Refining margins remain particularly weak and diesel cracks remain negative. Spot earnings for FY21 are at R6.13/share. At spot prices the LCCP would lose...
by Gerhard Engelbrecht | Sep 21, 2020 | Chemicals
Gas running out: Sasol has not been able to add to its gas reserves in Mozambique and the remaining reserve life is seven years. Gas production should start declining in 2024 as pressure in the wells drop.The importance of gas: Gas is used as...
