Attention: News Editors and Journalists
Date: 26 May 2020
For Immediate Release
CENTRAL ENERGY FUND NOT IN TALKS TO BUY SASOL’S PETROL STATIONS
Johannesburg – The Central Energy Fund has noted with concern a daily newspaper media report titled: Central Energy Fund in talks to buy Sasol’s petrol stations” as malicious and bothering around sensational reporting.
At the recent portfolio committee meeting for Mineral Resources and Energy, the Chairperson of CEF, Dr Monde Mnyande informed the committee that the Group would be embarking on a campaign to drive, both domestic and foreign direct investments in the energy value chain geared to reignite the South African economy and create much-needed job opportunities.
Part of this campaign will be to take advantage of all available energy assets that are up for sale in the marketplace and are in need of strategic partnerships.
He further cited Sasol’s available assets, which are by now a public knowledge, and are up for sale as an example, which CEF Group would consider in line with its investment strategy.
At no stage, did the CEF Group Board nor its Chairperson; Dr Mnyande publicly announced that it is negotiating with Sasol to buy its petrol stations.
For more information, contact:
Corporate Affairs Manager
Cell: 071 485 6856