Sasol extends gas supply plateau to June 2027 but only as ‘bridge’ to LNG imports

Energy and chemicals group Sasol has confirmed a yearlong extension, to June 2027, in its gas supply from southern Mozambique to South African industrial customers, which have been warning of a potential gas supply cliff as from next year. However, the JSE-listed group has again reiterated its position that the amount of gas it can feasibly supply to industrial customers will diminish in line with the depletion of reserves and can be replaced only by the importation of more expensive liquefied natural gas (LNG).