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According to Businessweek, in a report dated February 24, 2012, Sasol produces 40 percent of South Africa's motor fuel.
No, that's why South Africa continues to import petrol
Sasol and PetroSA
Sasol is a petrol producer in South Africa and the world's largest producer of motor fuel from coal. In Aug 2011, Sasol closed at its lowest level on the New York Stock Exchange since Sept. 23, 2010.
Many South African hope so, in order for South Africa to this it requires more investment.
no it can not solve the problem
Sasol is a company based in South Africa which specialises in chemical and fuel. Further information on Sasol can be obtained from the ICIS website. The Sasol company website is also a good source of information about the company.
Large supplies of Coal
South Africa produces about 60% of its petrol requirements by a unique process of extraction from coal- the company that does this is known as SASOL. The balance of the requirement is petrol refined locally from crude oil imported from African and Middle Easter sources.
It allowed South Africa to use its massive coal deposits to produce fuel. See related link.
SASOL is an important option and solution for countries without oil reserves but having coal. SASOL can be economic in some conditions. By converting coal into petroleum when there was an embargo placed on South Africa during the apartheid.
by converting coal into petroleum when there was an embargo placed on south Africa during the apartheid