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

    Here’s How MTN’s R480 Million Will be Spent

    May 15, 2026

    Binance Introduces “Withdraw Protection”

    May 15, 2026

    The Real Test Begins after the Funding Comes in

    May 13, 2026
    Top Posts

    Growthpoint Dominates with 19 SACSC Footprint Awards

    November 14, 2025

    How Botswana Operations Drove De Beers’ Quarterly Gains

    October 28, 2025

    Orange Joins MTN in Elite 300 Million Customer League

    October 24, 2025

    Nersa Opens Public Consultation on Eskom’s New Tariff Calculation 

    October 24, 2025
    Don't Miss

    Here’s How MTN’s R480 Million Will be Spent

    COMPANIES

    Residents and businesses across the Free State and Northern Cape will soon experience enhanced connectivity…

    Rosebank College Has a New Name

    May 15, 2026

    Explained: Sage and PwC Partnership

    May 15, 2026

    Attacq Appoints Peter de Villiers as Permanent CFO

    May 15, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook

    Business Explainer proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.

    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.