Sasol wants more fuel stations
Sasol said it will look to expand its service-station business to better match its production of fuel in SA.
Sasol could acquire as many as 200 outlets to add to its network of 400 stations, according to co-CEOs Steve Cornell and Bongani Nqwababa. It could also provide branding to other gas stations. “We feel we’re giving away margin, not matching our retail capacity to our production capacity,” Cornell said. – Bloomberg