Sasol reports strong recovery in SA fuel demand

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South Africa Headlines News

Sasol still expects to deliver liquid fuel sales volumes of between 54-million and 55-million barrels from the Natref refinery in its year to end-June 🔒

Chemicals and energy group Sasol says it has seen a strong recovery in demand for liquid fuels and gas after the easing of Covid-19 restrictions in SA, mostly keeping its full-year guidance unchanged as it eyes an improved financial performance.

The group said on Thursday demand for diesel in SA is at pre-Covid-19 levels, while petrol is between 90% and 95% of pre-pandemic levels, as economic activity picked up in the wake of easing lockdown restrictions...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

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