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     2024 June: Sasol Ltd. SASOL [SOL], BEE-SASOL [SOLBE1]
     Thu, 20 Jun 2024 Official Announcement [TZ] 
    Sasol - high court awards damages
    In 2017, Sasol Oil followed TotalEnergies in instituting legal action against Transnet for damages arising from Transnet's breach of its obligation to set pipeline tariffs for conveyance of crude oil in terms of an agreement that had been entered into between the parties in 1991. The result of the breach was that Transnet overcharged Sasol Oil for the conveyance of crude oil over a number of years.

    On 18 June 2024, judgement was handed down by the High Court in Sasol Oil and TotalEnergies' favour. Damages in the amount of R3 889 475 802 plus interest amounting to approximately R2.3 billion were awarded to Sasol Oil.
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