SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a -16 or 15d -16 of
the Securities Exchange Act of 1934
Report on Form 6-K for
12 April 2005
Sasol Limited
1 Sturdee Avenue
Rosebank 2196
South Africa
(Name and address of registrant’s principal executive office)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F __X__ Form 40-F _____
Enclosures:
Sasol to provide technology and risk-based finance for $1.7bn GTL contract in Nigeria
page 2 of 5
Sasol Limited
(Incorporated in South Africa)
(Registration number: 1979/003231/06)
ISIN Code: ZAE000006896
Share Code: SOL
NYSE Code: SSL
("Sasol")
Sasol to provide technology and risk-based finance for $1.7bn
GTL contract in Nigeria
The $1.7 billion engineering, design and procurement contract
for the Escravos Gas to Liquids plant (EGTL) in Nigeria has
been awarded to Team JKS (a consortium of Japan Gas
Corporation, KBR and Snamprogetti).
EGTL will use Sasol’s world-renowned Slurry Phase Distillate™
(SPD) Fischer-Tropsch (F-T) process and Sasol, the South
African-based petrochemical company, is also providing a
portion of the risk-based finance for the project.
The announcement was made in Nigeria by the EGTL owners, the
Nigerian National Petroleum Corporation (NNPC) and Chevron
Nigeria Limited (CNL), earlier today.
This contract provides a major boost to the development of GTL
diesel, which is set to revolutionise the performance of diesel
technology and improve air quality by reducing vehicle
emissions.
The plant will be built at the CNL facility at Escravos in
Nigeria’s Delta province and is planned to produce 34 000
barrels per day of GTL products including GTL diesel, GTL
naphtha and a small amount of liquefied petroleum gas (LPG).
Sasol chief executive Pieter Cox says: “This project is an
affirmation of the New Partnership for Africa’s Development
(NEPAD) goal of achieving sustainable socio-political stability
and economic growth in Africa. We are very proud to be working
with a fellow African company to deliver a cutting edge
solution to the world’s future transport fuel needs.”
EGTL will be only the second commercial-scale GTL plant outside
of South Africa making Nigeria a key producer of top quality
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GTL products. Oryx GTL, a joint venture between Qatar Petroleum
and Sasol, is the world's first commercial scale GTL plant and
is expected to start producing by the first quarter of 2006.
GTL diesel is very low in aromatics and is a low, almost no-
sulphur product, which reduces environmental emissions. GTL’s
power rating (cetane) is almost 50% more than the cetane rating
of traditional diesel, allowing a reduction in noise and smoke
together with improved cold-start properties and improved
overall performance.
Compatible with existing diesel technology and easily
distributed using existing infrastructure, major motor
manufacturers view GTL as an important part of the future fuel
slate, especially where air quality is a pressing issue.
DaimlerChrysler has already begun research into GTL diesel and
its effect on emissions and engine performance.
Sasol is at the forefront of the GTL industry and, together with its
partners, is planning to produce 500 000 bbls/day of liquid fuels
from natural gas by end of 2013. Sasol currently produces 160 000
bbls/day of liquid fuels from synthetic gas derived from coal at its Secunda facility in South Africa.
partners, is planning to produce 500 000 bbls/day of liquid fuels
from natural gas by end of 2013. Sasol currently produces 160 000
bbls/day of liquid fuels from synthetic gas derived from coal at its Secunda facility in South Africa.
ends
Johann van Rheede
Media Manager
Sasol Limited
Direct telephone
+27 11 441 3295
Mobile
+27 11 (0) 82 329 0186
Direct facsimile
+27 11 441 3236
Email
johann.vanrheede@sasol.com
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Marina Bidoli
Group Communications Manager
Sasol Limited
Direct telephone
+27 11 441 3511
Mobile
+27 11 (0) 083 253 0478
Direct Facsimile
+27 11 441 3236
Email
marina.bidoli@sasol.com
Sasol, with a market capitalisation of approximately USD 16
billion, is an integrated oil and gas group with substantial
chemical interests. Based in South Africa and operating in 15 other
countries throughout the world, Sasol is the leading provider of
liquid fuels in South Africa and a major international producer of
chemicals, using a world leading technology for the commercial
production of synthetic fuels and chemicals from low grade coal. In
the future Sasol expects to apply this technology to convert
natural gas to diesel and chemicals. Sasol manufactures over 200
fuel and chemical products that are sold in more than 90 countries
and also operates coal mines to provide feedstock for synthetic
fuels and chemical plants. The company also manufactures and
markets synthesis gas and operates the only inland crude oil
refinery in South Africa. Internet address:
www.sasol.com
Disclaimer - Sasol Ltd
We may in this document make statements that are not historical facts and
relate to analyses and other information based on forecasts of future
results and estimates of amounts not yet determinable. These are
forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as "believe", "anticipate",
"expect", "intend", "seek", "will", "plan", "could", "may", "endeavor"
and "project" and similar expressions are intended to identify such
forward-looking statements, but are not the exclusive means of
identifying such statements. By their very nature, forward-looking
statements involve inherent risks and uncertainties, both general and
specific, and there are risks that predictions, forecasts, projections
and other forward-looking statements will not be achieved. If one or
more of these risks materialize, or should underlying assumptions prove
incorrect, actual results may be very different from those anticipated.
The factors that could cause our actual results to differ materially from
the plans, objectives, expectations, estimates and intentions expressed
in such forward-looking statements are discussed more fully in our most
recent annual report under the Securities Exchange Act of 1934 on Form
20-F filed on October 29, 2004 and in other filings with the United
States Securities and Exchange Commission. 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.
relate to analyses and other information based on forecasts of future
results and estimates of amounts not yet determinable. These are
forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as "believe", "anticipate",
"expect", "intend", "seek", "will", "plan", "could", "may", "endeavor"
and "project" and similar expressions are intended to identify such
forward-looking statements, but are not the exclusive means of
identifying such statements. By their very nature, forward-looking
statements involve inherent risks and uncertainties, both general and
specific, and there are risks that predictions, forecasts, projections
and other forward-looking statements will not be achieved. If one or
more of these risks materialize, or should underlying assumptions prove
incorrect, actual results may be very different from those anticipated.
The factors that could cause our actual results to differ materially from
the plans, objectives, expectations, estimates and intentions expressed
in such forward-looking statements are discussed more fully in our most
recent annual report under the Securities Exchange Act of 1934 on Form
20-F filed on October 29, 2004 and in other filings with the United
States Securities and Exchange Commission. 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.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant, Sasol Limited, has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date: 12 April 2005
By:
/s/ N L Joubert
Name: Nereus Louis Joubert
Title: Company Secretary
Name: Nereus Louis Joubert
Title: Company Secretary