Nersa approves 6% decrease in Sasol Gas maximum price for Q3 2025/26

THE National Energy Regulator of South Africa (Nersa) has approved an adjustment to Sasol Gas’s maximum gas price for the third quarter of the 2025/26 financial year, resulting in a 6% decrease from the previous quarter.

- YOGASHEN PILLAY

Announcing the change on Friday, Nersa said the adjustment aligns with its June 2025 decision allowing Sasol Gas to revise its maximum gas price every quarter in line with fluctuations in gas acquisition costs.

Under this framework, Sasol Gas must submit quarterly cost and pricing information to demonstrate that any changes are reasonable and justified.

“In accordance with this decision, Sasol Gas must provide Nersa with cost and pricing information on a quarterly basis to demonstrate that adjustments to its maximum gas price are reasonable, justifiable and necessitated by cost variation.” Sasol Gas provided the required data on 17 October 2025 for the period 1 January to 31 March 2026.

Nersa said it verified the information against contractual terms and performed integrity checks on reported gas volumes and acquisition costs, including corroborating the data with gas flow information from Mozambique.

Following this review, the regulator approved a maximum gas price of R85.10/GJ per annum for Quarter 3 of FY2025/26—down from R90.57/GJ in the previous quarter.