Sasol Senior Group Executive Provides Testimony to the U.S. House of Representatives
Highlights Benefits of U.S. Projects to U.S., South African Economies

Washington, D.C. (USA) – Sasol Senior Group Executive for Global Chemicals and North American Operations André de Ruyter testified Thursday before a joint hearing of the U.S. House of Representatives Subcommittee on Energy and Power and the Subcommittee on Commerce, Manufacturing, and Trade on the benefits of Sasol’s U.S. projects for the U.S. manufacturing and energy sectors.

In his testimony, de Ruyter highlighted the opportunities created by the U.S. shale gas revolution for Sasol’s further growth and investment in the U.S. market and the role of Sasol’s transformational technologies in unlocking the value of these resources.

“Sasol’s gas-to-liquids (GTL) facility, the first of its kind in the U.S., will be a game-changer for America’s energy future,” de Ruyter said. “While natural gas is a major energy source for global power generation, it has lacked the versatility to address transportation needs.  Now, with our proven GTL technology, natural gas can be transformed into a range of high-quality fuels and chemical products, maximizing in-country value.”

Sasol announced in December 2012 that it would begin front-end engineering and design (FEED) work for a world-scale ethane cracker and an integrated GTL facility, to be located near the town of Westlake, Louisiana.

De Ruyter also emphasized the positive economic impact the U.S. projects will have on Sasol’s home base of South Africa.

“The benefits of these projects will also extend back home, where we will continue to grow and create value for our shareholders, 70% of whom are located in South Africa, de Ruyter said. “The projects are a compelling example of how bilateral trade can yield substantial foreign direct investment in the U.S., which represents a win-win for both the U.S. and South African economies.”

The GTL facility will convert natural gas into four million tons per annum (mtpa), or 96,000 barrels per day (bbl/d), of high quality transportation fuel, including GTL diesel.  GTL diesel is a cleaner-burning, high performance fuel with significant emission reduction benefits. Unlike other proposed alternative fuels, GTL diesel can be used in existing vehicles and fuel delivery infrastructure without modifications.

The world-scale ethane cracker will produce an estimated 1.5 mtpa of ethylene, helping to strengthen U.S. manufacturing, boost exports and spur economic growth. The ethylene produced in the chemical facility will be used to produce a range of high-value derivatives, further strengthening Sasol’s position in the global chemicals market.

Ends.

Notes to the editor:

A webcast of the hearing and de Ruyter’s full submitted testimony is available at http://energycommerce.house.gov/hearing/competitive-edge-american-manuf…

About Sasol:

Committed to excellence in all we do, Sasol is an international integrated energy and chemicals company that leverages the talent and expertise of our more than 34 000 people working in 38 countries. We develop and commercialize technologies, and build and operate world-scale facilities, to produce a range of product streams, including liquid fuels, chemicals and electricity.

While continuing to support our home-base in South Africa, Sasol is expanding internationally based on a unique value proposition, which links our diverse businesses into an integrated value chain supported by top-class functions.

Issued by:

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

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

In the United States:
Brianne Kohs
Direct telephone +1 917-774-3136
Brianne.Kohs@bm.com