Sa­sol wants more fuel sta­tions

The Citizen (KZN) - - BUSINESS -

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

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