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Sasol Boosts 2026 Earnings as Coal-to-Liquids Benefits From Higher Oil Prices

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Sasol reported stronger earnings for the year ended June 2026, helped by higher oil prices, improved fuel production and disruptions to Middle Eastern supply routes. Output rose 76% at the Secunda complex and Natref refinery, while the fuels business offset weaker chemicals and gas. The group also commissioned an extra 330 MW of renewables, even as transition costs and declining gas output complicate the shift away from coal.

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