Thursday, December 6, 2007

Sasol and Carbon

In an interview with Kim Fraser, head HSE at Sasol a few key points were made:

Sasol is already saving carbon dioxide:
Th swith from coal to gas in Sasolburg saved 7Mt per annum of carbon emission.
New savings planned: Efficiency and carbon dioxide reduction operations at Secunda and Sasolburg
Beyond that: more ambitious than that we do have plans, but they will only come into play in our much bigger investments which are over the next five, ten and fifteen years.

Sasol will expand on gas
expanding our use of Mozambican gas in a project at Secunda where we are going to add to that volume to the tune of about 20% over the next four or five years or more - that will not necessarily replace coal, but it allows growth in the total output of the plant without adding more coal through using gas from Mozambique

Sasol will sensitise countries where they are investing on environmental issues such as sensitising China and India on the different perceptions of the balance between environmental impacts and economic demands

Sasol places a premium on reputation
Where there aren’t standards that have been developed for those countries we subscribe to going in with the International Finance Corporation (IFC) branch of the World Bank - we use the standards they apply elsewhere in order to have access to the funds they’re prepared to provide. Now that’s not to say we’re going to use those funds anywhere - but attached to funding from the IFC one needs to subscribe to certain standards, and we use those as a starting point for any of those ventures. If the communities and the society there says “do something different” we will listen to that, but not to the disadvantage of our reputation

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