PR92160

JOHANNESBURG, Oct. 6, 2021 /PRNewswire=KYODO JBN/ --

The Boegoebaai "green hydrogen" development has been designated a Strategic

Integrated Project (SIP) in the South African National Development Plan and is

located in the Namakwa Special Economic Zone (SEZ). The project's location and

classification as a SIP are key enablers to exploring Boegoebaai's potential as

a global green hydrogen hub.

Sasol has been engaging with the Infrastructure and Investment Office (IIO) of

the Presidency to develop a hydrogen economy in South Africa. The company has

signed a Memorandum of Agreement (MOA) with the Northern Cape Development

Agency (NCEDA) to lead the feasibility study to explore the potential of

Boegoebaai as an export hub for green hydrogen and ammonia. This study is

expected to take approximately 24 months. The outcomes of this feasibility

study will determine the next step of development.

Sasol has signed a MOA with the Gauteng Provincial Government (GPG) to leverage

Special Economic Zones (SEZs) that have been earmarked as enablers to unlocking

South Africa's green hydrogen market potential for domestic use, such as

mobility and aviation.

In parallel, Sasol has  partnered with the Industrial Development Corporation

(IDC) who will provide joint funding for the feasibility study.

"We are very excited to be leading this feasibility study as part of unlocking

South Africa's potential to be a global green hydrogen and green ammonia export

player with the potential for sustainable aviation fuels in the future. This

will also be anchored by local demand for green hydrogen. It is a tangible step

forward for Sasol, as we seek to play a leading role in establishing the

Southern Africa green hydrogen economy," said Priscillah Mabelane, Executive

Vice President for Energy at Sasol.

Sasol continues to advance several catalytic projects to develop both local and

export opportunities in the region. This Boegoebaai project is one of a number

of green hydrogen, ammonia and power-to-X (P2X) opportunities, which Sasol is

assessing as part of the new strategy announced at its recent capital markets

day. Sasol's strategy is aligned with South Africa's ambitions to establish the

country as a significant green hydrogen production and global export hub.

"We believe that Southern Africa is well positioned to play in the global green

hydrogen economy due to key structural advantages. In particular, our

proprietary Fischer-Tropsch technologies and renewable endowments, are some of

the best in the world," said Mabelane.

"There is potential to create an ecosystem anchored on localisation to enable

long-term, sustainable benefits for communities and the country. The project

has the potential to provide a significant number of long-term sustainable

jobs, infrastructure investment and skills development in the country, enabling

a Just Transition," added Mabelane.

"As the lead project integrator, Sasol will bring together strategic partners

along the value chain and other enabling role players that will drive

industrialisation of the Northern Cape. These include potential customers,

funders, investors, technology suppliers and South African green energy

providers.  

"Sasol has committed to be net zero by 2050 and we see green hydrogen as core

to enabling this goal. We have the capabilities and skill set, technology and

solutions to co-create the South African hydrogen economy," concluded Mabelane.

Issued by:

Matebello Motloung, Manager: Group Media Relations  

Direct telephone: +27 (0) 10 344 9256; Mobile: +27 (0) 82 773 9457  

matebello.motloung@sasol.com

About Sasol:

Sasol is a global chemicals and energy company. We harness our knowledge and

expertise to integrate sophisticated technologies and processes into

world-scale operating facilities.

We safely and sustainably source, produce and market a range of high-quality

products in 27 countries, creating value for stakeholders. Our Purpose

'Innovating for a better world' compels us to deliver on the triple bottom line

outcomes of People, Planet and Profit, responsibly and always with the intent

to be a force for good.

We have prioritised four Sustainable Development Goals to ensure our business

is environmentally, socially and economically sustainable.

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Source: Sasol Limited