Sasol has upped its guidance for its Secunda coal-to-oil plant, saying on Thursday that production for its financial year to end-June was expected to be 3% lower than the prior year. The fuels giant had faced an extended shutdown of its Sasol Secunda Operations (SSO) West factory due to technical issues, which had prompted a 6% decline in output in the first half of the company's financial year. In its update for the nine-month to end-March, Sasol said it would now achieve production at Secunda that is towards the upper end of its guidance of between 7.5-million tonnes and 7.6-million tonness. It reported higher average crude prices during the period, but said that this had been offset by weaker refining margins. Liquid fuels sales volumes rose 4% compared to the prior corresponding period, partially due to an improved performance at its Natref facility in Sasolburg. Sasol's Lake Charles Project is now 96% complete, the company said on Thursday, having reported in February the embat...

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