INVESTING IN AFRICA’S SUCCESS: EXPANDING OUR AFRICAN FOOTPRINT
A new era for Sasol 2
Forward-looking statements
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 09 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.
A new era for Sasol 3
What you will hear today…
• Africa has become a key
focus for the global E &P
industry
• Sasol has a long-
established home base in
South Africa
• A significant position in
Southern Africa and an
emerging presence in
West Africa
• Sasol is well positioned
to leverage Africa’s
opportunities
Sasol Ethylene Purification Unit 5,
Sasolburg
A new era for Sasol 4
Africa’s growing resource base
Indications are that there are still substantial yet to find oil and gas resources on the continent
Sources: Standard Bank, International
Business Times, and Ernst and Young
Nine of the 17 largest gas
discoveries in the last five
years were in Sub-Saharan
Africa, thereby potentially
leading to:• Transformation of the region’s
economies
• Billions of dollars in annual
investments.
East Africa is now seen as
the new promised land” or
the “next epicentre” for global
natural gas, the latest “new
frontier.
Algeria Libya Egypt
Sudan
Ethiopia
Madagascar
Mozambique
SouthAfrica
Mamibia
Angola
NigeriaGhana
DRCKenya
Uganda
Tanzania
2.2
4.5
1.5
5.3
Established gas production
New gas finds
Gas ambition
Shale gas potential
100
110
130
150
1601
00
120
130 150 190
0
200
400
2010 2015 2020 2025 2030
Natural gas production outlook.Africa, 2010–2030
Demand Net exports
Bill
ion c
ubic
mete
rs
A new era for Sasol 5
Creates significant investment opportunities
FDI:
US$46 billion
in 2012
US$37 billion
in 2006
US$15 billion
in 2002
The continent grew on average 5.5% a year over the past decade and GDP is expected to
rise by an average of 6% in the next year, with foreign direct investment (FDI) increasing
A new era for Sasol 6
The key drivers for unlocking growth are in place
• Collective efforts from
industry and governments
to develop skilled workers
to sustain the market
• Regional integration is
providing much needed
infrastructure
• Local content is playing a
key role in de-risking the
supply chain
• Potential for partnerships
to enable accelerated
growth
• New energy policies and
regulations aimed at
attracting FDI
Opportunities
Challenges
• Infrastructure not yet on
par with development
pace
• Human capacity requires
focused development
• Governance systems still
evolving
A new era for Sasol 7
We are a global company with African roots
Sasol is an international integrated energy and chemicals company that
leverages the talent and expertise of our more than 33 000 people working
in 37 countries. We develop and commercialise technologies, and build
and operate world-scale facilities to produce a range of high-value product
streams, including liquid fuels, chemicals and low-carbon electricity.
Central Processing Facility, Mozambique
A new era for Sasol 8
Our footprint in Africa
Sasol’s capital investments by region for 2014
Total US$ 438 million
A new era for Sasol 9
South Africa is the cornerstone of our global operations
25%of South Africa’s
liquid fuels from
synthetic fuels
3,5 million tons of chemicals
annually
1 000 megawattsof electricity, cumulatively
generating up to 69% of our
total internal electricity
requirements in South Africa
Downstream:
Throughout, our 64 year history, Sasol has played an important role in both South Africa’s
and the broader region’s industrialisation, growth and socio-economic development
• Over the years, Sasol’s unique technologies have made us the world’s largest producer of
synthetic fuels and chemicals from coal and natural gas.
• Our expertise in commercialising technologies that beneficiate resources, including natural
gas, to produce much-needed liquid fuels, high-value chemicals and low carbon electricity,
serves to promote regional growth, development and stability.
• Sasol’s chemical business products are mainly sold within Southern Africa with increasing
exports into Western Africa.
A new era for Sasol 10
Stimulated broader contributions to South Africa
We make ongoing investments:
2014: US$2.1 billion in capital
expenditure;
• We are a top contributor to the
national fiscus: 2014: US$3.2
billion in direct and indirect
taxes; US$8.6 billion over the
last 3 years
• We enable skills and socio-
economic development: 2014:
US$128 million; US$274 million
over the last 3 years
US1 = ZAR10.95
Sasol Fuels Technology Research,
Sasolburg
A new era for Sasol 11
Actively pursuing upstream opportunities in South Africa and the region
• Southern Africa, like most other emerging markets, is entering the most
energy intensive phase of its economic development.
• To support the region’s energy requirements, we are actively pursuing new
hydrocarbon resources, with a particular focus on natural gas.
50% partner with
PetroSA in TCP: Block 3A/4A
in the offshore Orange basin
60% partner with Eni in
ER 236 offshore Durban and
Zululand basins
Upstream:
A new era for Sasol 12
Extending our investments into Mozambique, our heartland
• Developed stranded gas fields through strong partnerships and technological
expertise
• Contributed to creation of favourable and safe investment climate and
established Exploration and Production sector in the country
• Gas development with our partners has been a catalyst for socio-economic
growth through:
− Revenue generated from equity investment in the natural gas project
− Tax revenue (one of the largest tax payers in the country) significantly higher
when investment paid off
− Capital investments and spin-offs from secondary industries
Central Processing Facility, Mozambique
A new era for Sasol 13
Continuing to grow our existing operations
Investing in growing capacity beyond
197 MGJ/a on our 183 MGJ/a current
capacity.
Looking for opportunities for additional
production from our existing producing
licence
Low and high pressure compression,
and electrical expansion projects
aimed at enhancing reservoir
deliverability
Additional capacity due to
debottlenecking of the plant to
197 MGJ/a and 5th train addition that
will take us to 240 MGJ/a
Central Processing Facility, Mozambique
A new era for Sasol 14
ROMPCO – an enabling partnership
Equity in pipeline company (ROMPCO): Sasol
Gas 50% (Operator), CMG (25%), iGAS (25%)
Central Processing Facility, Mozambique
Over $200 million Loopline
investment to increase pipeline
capacity to support market
development
BO: 2015
US$140m ROMPCO compressor
on pipeline completed in 2010
Further capital projects to
enhance reservoir deliverability
A new era for Sasol 15
Enabling regional markets
Sasol Gas Engine Power Plant
Central Termica Ressano
Garcia (CTRG) Gas Engine
Power Plant
• To date, gas taken in kind has
grown by 33% (Compound
annual growth rate) driven by
significant growth in the
domestic market
• First permanent gas-to-power
plant in South Africa
• 175 MW capacity
• First permanent gas-to-
power plant in Mozambique
• Joint venture with EDM
(51%) and Sasol (49%)
• Meeting 23% of in-country
demand
• 175 MW capacity
Enabling energy security, reducing GHG emissions
Royalty gas
1.3
1.4
1.8
2.9
3.2
3.4
3.8
3.5
3.8
3.5
3.4
3.5
3.6
2.4
2.1
2.9
2.6
3.9
4.5
FY05
FY06
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
GJ (millions)Natural gas in kind Natural gas in cash
5% gas royalty entitlement analysis - GJ
A new era for Sasol 16
Diversifying energy sources
Sasol and its partners are
developing 20 000 tpa LPG facility
which will:
• Improve balance of payments
• Reduce LPG imports
• Stimulate growth amongst distributors
and retailers
• LPG is a portable, clean and efficient
energy source
• Enable accessibility and affordability to
communities
• Reduce pressure on forests – charcoal
currently a primary energy source
Enabling access to clean energy
Gas reticulation systems
• Sasol partnered with ENH on
installation of gas reticulation systems
in Vilanculos, Inhassoro & Govuro in
Inhambane province
• Advancing the use of gas as a source
of household electricity
• Over 300 families have benefited over
the last three years
Household using natural gas for cooking
A new era for Sasol 17
Advancing in-country gas monetisation: Mozambique basin: PSA opportunities
• An EWT was conducted on
the Inhassoro oil rim –
produced over 236 000 bbls
of light oil until the end of
March 2013 as part of the
appraisal programme
• Notice of commerciality
declared in early 2013 for both
natural gas and oil
The PSA licence is adjacent to
the current producing PPA area:
− Separated from the initial
commercial discoveries to
enable initial development of
the 120 MGJ/a project
− Field development plan in
progress – on track for
submission in February 2015
Subject to approval by authorities, the PSA provides
significant value adding opportunities:
• Diversification of Mozambique’s energy portfolio and
advancement of in-country monetisation options
• Enablement of extensive skills development and
local content opportunities
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35°30'0"E
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! ! ! Pipelines
Roads
Towns_CPF
PSA
PPA
0 10 20 30 40 505
Kilometers
N
Inhassoro
Vilanculos
CPF
Pande G-10
Temane G-8
Temane East
Inhassoro G-6
Temane Main
G-6 Oil Rim
Inhassoro G-10
Inhassoro G-10
Tafula
Corvo
Pande Main
A new era for Sasol 18
We have proven, global expertise in monetisation
Uzbekistan GTL
~38,000 bbl/d
FEED phase
Escravos GTL
~33,200 bbl/d
Ramping up to full capacity
Lake Charles GTL
~96,000 bbl/d
FEED phase
Canada GTL
~48,000 bbl/d
Feasibility Phase
Mozambique: Conducting a
pre-feasibility study with ENH
and Eni for a GTL plant using
gas from the Rovuma basin
ORYX GTL ~32,400 bbl/d
Consistently operating above
design capacity since 2007
Secunda CTL
~160 000 bbl/d
Fully operational
A new era for Sasol 19
Ongoing exploration
Grudja G-6
• Area A: entered Second Licence
Period to drill Grudja amplitude
supported anomaly in a
relatively unexplored part of the
Mozambique basin
• Concluding a farm out of 40%
interest
• Looking at upcoming bid
round blocks with interest
A new era for Sasol 20
Driving targeted skills development in Mozambique
Bursary
programme,
in
partnership
with MIREM,
aimed at
developing
students in
the fields of
geology,
petroleum,
drilling and
reservoir
engineering
Over the next five years we forecast spend of
over US$12,4 million for:
Designed
to ensure
industry
knowledge
and develop
life skills to
prepare the
bursars for
life beyond
university
Sasol’s
learnership
programme is
fast tracking the
development
of sought
after artisans,
in the fields
of electrical,
instrumentation,
mechanical
fitting and
production
Programme
started in
2011, the
first learners
completed
their training
and have
been
appointed as
artisans at
the CPF in
2014
Leveraging
Sasol’s university
collaboration
approach to
build the
necessary
value adding
capabilities
within
Mozambican
universities
Development
of downstream
Masters
programme
with UEM in
support of the
Mozambique
Gas Master
plan
A new era for Sasol 21
Enhancing our employee value proposition in Mozambique
Local content procurement:
Only companies registered
in Mozambique were eligible
for the construction work
Labour:
75% of construction labour for
the projects is Mozambican
Employee Value Proposition
(EVP)
Onsite clinic:
to provide primary healthcare
for staff and broader community
Education facilities:
to provide access to accredited,
comprehensive private education
97 Employee houses, with
supporting infrastructure
• Management buildings
• Access and internal roads
• Sewerage treatment system
• Utilities infrastructure
• Water management system
• Recreational facilities
Entrance to admin building GuardhouseOne of the houses
Housing project
A new era for Sasol 22
Driving local development in Mozambique to promote industry growth
• Local content policy stipulates
local ownership, but also local
employment and purchase of
local materials
• Preferential procurement:
giving preference to
Mozambican businesses
wherever possible without
compromising on safety and
quality standards
• Supplier development: fast
tracking and assisting small- to
medium-sized businesses in-
country to build capacity so they
can compete with international
companies Clara José, student at Mabote
Technical and Vocational
School, Mozambique
A new era for Sasol 23
Sustaining oil production in Gabon
Oil production underpins Gabon’s economy,
accounting for 65% of government revenue
and 75% of export revenue
27,75%economic interest in the offshore
Etame Marin Permitoperated by VAALCO Energy
Gross oil production of sweet
crude oil of about
14 500 to 15 000 bopd from the Etame, Ebouri
and Avouma oil fields
Production from all three fields is
routed to a floating
production, storage and
offloading (FPSO) facility
One of the oil platforms
A new era for Sasol 24
Maintaining and boosting production in the region
Further growth
opportunities are being
evaluated and preliminary results
to date appear encouraging
Avouma, Etame and Ebouri fields
source: Gamba Sandstone, an
excellent quality reservoir
sandstone yielding high
recoveries
Together with our partners, we are progressing the Etame Expansion project
and South East Etame and North Tchibala project. - First oil from the new
Etame platform is on track for December 2014
Value add opportunities are currently being
evaluated to extend asset life
A new era for Sasol 25
Sasol’s GTL technology - contributing to a key government driver in Nigeria
In addition, producing
33 200 bbl/day of
valuable products, mainly
clean burning diesel and
Naphtha.
A Nigerian National
Petroleum Corporation
and Chevron Nigeria
Limited project utilising
Sasol’s GTL technology in which
Sasol has a 10% indirect
interest
Adding value to ~3 tcf of natural gas over
the life of the project that would otherwise have
been flared
Escravos Gas-to-liquids (EGTL) project achieved
Beneficial Operation in June 2014Escravos GTL,
Nigeria
A new era for Sasol 26
Sasol Exploration and Production’s growth
Production and Exploration
Offices
Canada
South Africa
Mozambique
London
Gabon
0
50
100
150
200
20
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Eq
uit
y p
rod
ucti
on
(000 b
oe/d
)
SEPI production profile
Canada gas
Mozambique gas - PPA/PSA
Liquids (Mozambique, West Africa and Canada)
Nigeria
Australia
A new era for Sasol 27
Stimulating
mutual growth
Africa rising is a reality
Our aim: maintain and enhance our existing asset base and explore
targeted growth opportunities
● Ever expanding resource
base, underpinned by
sound investments
● Infrastructure can be
enabled through regional
integration and cross
border partnerships
● Drive to ensure localisation,
local content and effective
state participation
● Sasol has built a replicable
integrated business in South Africa
and we are growing our asset base
in Mozambique
● We will continue to enable regional
markets and gas monetisation
across the continent
● Our focus is on finding and
developing feedstock to meet our
growth aspirations
Investing in Africa’s
success
Expanding our footprint
in Africa
Secunda integrated facility