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    Home » Sasol Gas in hot water for piping up prices
    COMPANIES

    Sasol Gas in hot water for piping up prices

    July 11, 2023
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    Sasol CEO Fleetwood Grobler.
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    The Competition Commission has referred Sasol Gas to the Competition Tribunal for excessive pricing of natural piped gas, in violation of the Competition Act.

    1. Sasol Gas is the only supplier of natural piped gas in South Africa, and the excessive pricing has continued for almost a decade.
    2. Publicly available information indicates that the gas fields in Mozambique, from which Sasol Gas sources natural gas, are likely to start declining in 2025 and are likely to be depleted between 2029 and 2030.
    3. The prosecution stems from three complaints against Sasol Gas by Egoli Gas, the Industrial Gas Users Association of South Africa (IGUA-SA), and Spring Lights Gas, which alleged that Sasol Gas engaged in excessive pricing of natural piped gas.
    4. Sasol Gas did not provide the commission with the relevant information it had requested during its investigation, instead electing to file a review application in the Competition Appeal Court (CAC) challenging the Commission’s jurisdiction to investigate the complaints.
    5. Sasol Gas is challenging the commission’s jurisdiction on the matter, the outcome of which will determine the commission’s ability to investigate gas pricing complaints.
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