Sasol Selects Technip as FEED Contractor for U.S. Gas-to-Liquids Facility

  Sasol Selects Technip as FEED Contractor for U.S. Gas-to-Liquids Facility

PR Newswire

HOUSTON, Nov. 25, 2013

HOUSTON, Nov. 25, 2013 /PRNewswire/ --Sasol announced today that it has
selected Technip as the primary contractor for the front-end engineering and
design (FEED) phase of its proposed gas-to-liquids (GTL) facility in
Louisiana.

"The selection of Technip as FEED contractor is a milestone in the advancement
of our GTL facility," said Johan du Preez, executive vice president of U.S.
mega projects for Sasol. "With experience as the execution contractor for our
ORYX GTL plant in Qatar, and the primary FEED contractor for our proposed GTL
plant in Uzbekistan, Technip has the expertise to help us deliver this
first-of-its-kind project for the United States."

In December 2012, Sasol announced its intention to build a GTL facility
adjacent to its existing site near Westlake, La. Using Sasol's proven,
proprietary technology, the proposed facility will convert abundant domestic
natural gas into more than 96,000 barrels per day of GTL diesel and other
valuable products.

Sasol expects to conclude the FEED phase and reach final investment decision
for the GTL project in 2016. The estimated project cost is between US$11
billion and US$14 billion.

Note to editors:
Sasol is also currently in the FEED phase for a world-scale ethane cracker and
derivatives project at its existing site near Westlake, La. The proposed
facility will produce 1.5 million tons per year of ethylene and other
downstream derivatives. Sasol expects to conclude the FEED phase for the
ethane cracker in 2014 and begin construction later that year, with operations
to begin in 2017. Estimated project cost is between US$5 billion and US$7
billion. Sasol previously announced that it had selected Fluor as its main
FEED contractor for this project. Technip will supply its proprietary ethylene
technology for this project.

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 include, but are not limited to, statements
regarding exchange rate fluctuations, volume growth, increases in market
share, total shareholder return and cost reductions. Words such as "believe",
"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 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 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 chemicals company that leverages the talent and expertise of our
more than 35,000 people working in 37 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 of 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.

SOURCE Sasol Limited

Website: http://www.sasolnorthamerica.com
Contact: Russell Johnson, Director Public Affairs, +1 (281) 588-3027,
russell.johnson@us.sasol.com
 
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