Sasol has warned that the temporary closure of its Natref refinery after a recent fire will impact fuel production for the remainder of the financial year.
The company’s latest production and sales metrics report for 2024 highlights ongoing challenges. Fuel shortages are already affecting Gauteng including key supply points such as OR Tambo International Airport.
“Due to the fire that occurred in January 2025 and other operational factors, FY25 production is expected to be 5-10% below FY24 – below the previous guidance of 0-10% higher than FY24,” the company said.
The company also reported a 6% decline in liquid fuel sales volumes compared to the same period last year due to lower production levels at Natref. “External fuel purchases will continue to supplement our own production to meet customer demand,” Sasol said.
The company has confirmed that repair work at Natref is expected to be completed by the end of February.
Sasol supplies a range of fuels including diesel, petrol and jet fuel, which are crucial to various sectors of the economy. Reduced availability of diesel, in particular, poses a challenge for the electrification industry with generators and backup power systems relying heavily on steady fuel supply to mitigate ongoing electricity shortages.