Commodities
Sasol Faces Gas Supply Cliff as Mozambican Supplies Dry Up
Time is of the essence to avoid a gas supply cliff as Sasol's natural gas supply from Mozambique runs dry.
Sasol, a South African energy and chemical company, relies heavily on imported gas from Mozambique to meet its domestic demand.
The supply has been dwindling due to various factors, including the drying up of the Mozambican gas field. Sasol needs pricing certainty to determine whether it can secure alternative supplies or invest in new infrastructure to extract gas from other fields.