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Sasol welcomes new Country Director for Mozambique

Date: 
28 February 2019

Sasol is pleased to announce the appointment of Ovidio José Sarmento Rodolfo as Country Director for Mozambique.

Ovidio comes to Sasol with solid experience in the Oil and Gas industry in various Engineering, Managerial, Commercial and Leadership roles. Ovidio holds a degree in Mechanical Engineering and a Master’s degree in Business Administration. He has occupied various senior management roles in both international and state owned companies.

He started his career with BP in Mozambique where he proposed a strategy that initiated the turnaround of the lubricants business in terms of profitability, while at IPG he led and coordinated the design phase of three oil terminal projects in Maputo, Beira and Moatize.  At Inpetro Energy, he managed all operations covering the reception, storage and dispatch of fuels. 

Gilbert Y Yevi, Senior Vice President for Sasol Exploration and Production International commented, “We are delighted to welcome Ovidio on board and confident that his appointment will benefit not only Sasol, but all our stakeholders in Mozambique, given his extensive knowledge of the industry and the operating landscape.”

“Over the past decade, the availability of gas from the Pande and Temane gas fields has helped to grow  the domestic gas market in Mozambique, enabling the wholesale and retail supply of gas. In addition, the development of gas infrastructure stimulated by Sasol and its partners has helped to drive socio-economic development and economic diversification.  Today, about a third of Mozambique’s electricity is generated from Pande and Temane gas. We believe that Ovidio will be a great asset to our company in bringing new thinking and perspectives in continuing our strong partnership with Mozambique and its people”. 

He concluded by saying that Ovidio’s appointment is “yet another testament of our commitment to the development of Mozambique in partnership with and through Mozambicans by building on our foundation of win-win in-country partnerships.”

 

 

Sasol may, in this document, make certain statements that are not historical facts that relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return, executing our growth projects (including LCCP), oil and gas reserves and cost reductions, including in connection with our BPEP, RP and our business performance outlook. Words such as “believe”, “anticipate”, “expect”, “intend", “seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast” and “project” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report on Form 20-F filed on 28 August 2018 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.
 
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