Sasol, Ipsa settle gas supply claim

Engineering News 10 August 2012.

Synthetic fuels group Sasol has withdrawn its claim against Newcastle Cogeneration, a subsidiary of Ipsa, the independent power plant developer said on Friday.

Ipsa said the claim, which related to a gas supply agreement that was terminated in August 2009, had been withdrawn from the South Gauteng High Court after NewCogen made a R7-million payment. Sasol originally claimed R42.8-million…