Sasol, ENH and Eni Announce Pre-Feasibility Study for Large-Scale Gas-to-Liquids Facility in Mozambique

Johannesburg (ots/PRNewswire) -

Today, Sasol Limited (Sasol) announced a joint pre-feasibility
study for a large-scale gas-to-liquids (GTL) plant, which will be
based on gas from the Rovuma Basin in Northern Mozambique. The study,
which is being conducted in conjunction with Mozambique's national
oil company, Empresa Nacional de Hidrocarbonetos (ENH) and Italian
multinational, Eni, will assess the viability and benefits of such a
plant to the region.

The announcement comes as Sasol celebrates a decade of gas
infrastructure development and value-add in Mozambique, which, in
turn, has contributed to the country and the region's economic growth
and advancement. Sasol's in-country experience, an extensive market
distribution footprint in the region and proven GTL expertise, place
the company in a strong position to develop the country's first GTL
facility, depending on the results of the study.

Eni is operator of the block called Area 4 in the deep waters of
the Rovuma Basin, which is estimated to hold up to 85 trillion cubic
feet of gas.

"The proposed GTL facility firmly aligns with Mozambique's Gas
Master Plan goals, and, if successful, will go some way to accelerate
socio-economic development in the country and the broader region. Our
GTL aspirations highlight our commitment to partnering with the
Mozambican government and Eni in the responsible development of the
country's natural resources," said David Constable, Chief Executive
Officer, Sasol Limited.

Forward-looking statements: Sasol may, in this document, make
certain statements that are not historical facts and relate to
analyses and other information which are based on forecasts of future
results and estimates of amounts not yet determinable. These
statements may also relate to our future prospects, developments and
business strategies. Examples of such forward-looking statements
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"anticipate", "expect", "intend", "seek", "will", "plan", "could",
"may", "endeavour" and "project" and similar expressions are intended
to identify such forward-looking statements, but are not the
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forward-looking statements involve inherent risks and uncertainties,
both general and specific, and there are risks that the predictions,
forecasts, projections and other forward-looking statements will not
be achieved. If one or more of these risks materialise, or should
underlying assumptions prove incorrect, our actual results may differ
materially from those anticipated. You should understand that a
number of important factors could cause actual results to differ
materially from the plans, objectives, expectations, estimates and
intentions expressed in such forward-looking statements. These
factors are discussed more fully in our most recent annual report
under the Securities Exchange Act of 1934 on Form 20-F filed on 9
October 2013 and in other filings with the United States Securities
and Exchange Commission. The list of factors discussed therein is not
exhaustive; when relying on forward-looking statements to make
investment decisions, you should carefully consider both these
factors and other uncertainties and events. Forward-looking
statements apply only as of the date on which they are made, and we
do not undertake any obligation to update or revise any of them,
whether as a result of new information, future events or otherwise.

About Sasol:

Committed to excellence in all we do, Sasol is an international
integrated energy and chemical company that leverages the talent and
expertise of our more than 34 000 people working in 37 countries. We
develop and commercialise technologies, and build and operate
world-scale facilities to produce a range of product streams,
including liquid fuels, high-value chemicals and low-carbon
electricity.

While remaining committed to our home-base of South Africa, Sasol
is expanding internationally based on a unique value proposition.

Issued by:

Alex Anderson, Group Media Manager
Direct telephone +27(11)441-3295; Mobile +27(0)71-600-9605;
alex.anderson@sasol.com

Jacqui O'Sullivan, GM: Group Communication
Direct telephone +27(11)441-3252; Mobile +27(0)82-883-9697;
jacqui.osullivan@sasol.com

ots Originaltext: Sasol
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