Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) LinkedIn
    Business explainerBusiness explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business explainerBusiness explainer
    Home » Sasol Gas in hot water for piping up prices
    COMPANIES

    Sasol Gas in hot water for piping up prices

    July 11, 2023
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Sasol CEO Fleetwood Grobler.
    Share
    Facebook Twitter LinkedIn Pinterest Email

    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.
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleA look at South African millionaire Christo Wiese’s diverse portfolio
    Next Article Your bank account could land you in jail: FSCA warns of money mule scams

    Related Posts

    Eskom Secures Three-Year Wage Pact as Dispute Deepens

    April 19, 2026

    African Sun Backs Delisting Move

    April 19, 2026

    PSG Financial Services Delivers Strong Results

    April 16, 2026
    Top Posts

    Seven Families Sue OpenAI In ChatGPT Suicide Scandal

    November 10, 2025

    Construction Boom Delivers 176,000 Jobs as Unemployment Eases

    November 11, 2025

    Volkswagen Chief Praises Chinese Competition for Sparking Innovation

    November 7, 2025

    WomenIN Festival 2025 – Limitless: No Labels, No Limits, No Apologies

    November 9, 2025
    Don't Miss

    What SMEs Overlook

    Entrepreneurship

    In 2026, cleaning standards are no longer a facilities issue. They’re a governance issue. For…

    Treasury Tightens BEE Rules in Procurement Overhaul

    April 20, 2026

    Tourism Sector Emerges as a Pillar of Economic Growth

    April 20, 2026

    American investment company scores big after backing South Africa

    April 20, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook
    About Us
    About Us

    From the latest product launches and company earnings to economic trends and industry disruptions, we distill the most critical details and implications – breaking through the jargon and wordiness to give you just what matters most.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    © 2026 Business Explainer
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.