Sasol Partners with Eni to Explore Hydrocarbon Opportunities Along South Africa's East Coast

Sasol Partners with Eni to Explore Hydrocarbon Opportunities Along South 
Africa's East Coast 
JOHANNESBURG, June 10, 2014 /CNW/ - Today, Sasol Petroleum International, the 
upstream oil and gas subsidiary of Sasol Limited (Sasol), announced that it 
has concluded a farm-out to Eni SpA (Eni), an Italian multinational oil and 
gas company, for the exploration right permit 236 (ER236) in South Africa. 
The permit was granted to Sasol in November 2013 by the Petroleum Agency of 
South Africa for an initial period of three years. The permit grants the right 
to explore for hydrocarbons along South Africa's East coast in the Durban and 
Zululand basins offshore Kwazulu-Natal province. 
In terms of the farm-out, Sasol will transfer a 40% interest in ER236 and 
operatorship to Eni. Sasol will retain a majority 60% interest. The agreement, 
which is subject to government approval, signals greater cooperation between 
Sasol and Eni in Southern Africa. 
"The establishment of our partnership with Eni in respect of our offshore 
South African interests complements Sasol's strategy to develop sustainable 
energy solutions, which will serve to ensure all-important economic growth and 
development in southern Africa and the broader region. In addition, 
accelerated exploration activity, as represented by ER236, will have many 
positive benefits for South Africa and the broader region, in terms of energy 
security and increasing levels of international investment," said David 
Constable, Chief Executive Officer, Sasol Limited. 
Eni is among a number of international energy companies to have recently 
entered South Africa, which is currently the continent's largest oil importer. 
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 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.
 

SOURCE  Sasol 
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 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/June2014/10/c3028.html 
CO: Sasol
ST: South Africa
NI: CHM OIL ORDER  
-0- Jun/10/2014 12:47 GMT
 
 
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