Sasol signs agreement on selling interest in escravos gtl plant to chevron

Progress with asset sales and further cautionary announcement.co, chevron signed agreement that will result in co selling indirect beneficial interest in escravos gtl (egtl) plant in nigeria to chevron.transaction has an agreed economic effective date of 1 september 2019.sasol will continue to support chevron in performance of egtl plant through ongoing catalyst supply, technology and technical support .strategy includes potential rights issue of up to us$2 billion which remains subject to progress of other initiatives.strategy includes a cash conservation programme, an accelerated and expanded asset disposal programme.other divestment processes are well underway.
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