South Africa, Africa’s largest economy, is set to see a significant increase in fuel production following the full restoration of its 108,000 barrels-per-day Natref refinery, operated by Sasol.
The inland facility, severely damaged by a fire in early 2025, had caused a prolonged disruption in the country’s fuel supply, as reported by Business Insider Africa.
The return to full operations at Natref strengthens South Africa’s domestic supply of petrol, diesel, and jet fuel, reducing reliance on imports that had increased after the fire.
The refinery, processing roughly 30% of national crude capacity, is a critical asset for the country’s energy sector, including the jet fuel supply to Johannesburg’s OR Tambo International Airport.
Sasol has responded to the restoration by raising its 2026 fuel sales guidance, reflecting confidence in operational recovery and supply reliability.
CEO Simon Baloyi highlighted that strategic actions, including completing repairs at Natref, maintaining disciplined cost management, and advancing renewable energy initiatives, are central to strengthening Sasol’s core business amid challenging global energy markets.
Despite financial pressures, including a 95% year-on-year drop in net income reported in recent interim results due to weaker oil prices and impairment charges, improved operational performance has enabled the company to generate positive free cash flow and optimize capital spending.
The successful turnaround at Natref not only restores a critical inland refining asset but also signals renewed stability in South Africa’s fuel supply chain, positioning Sasol to better navigate both domestic and international energy challenges in 2026.
