Sasol Ltd Update on the Lake Charles Chemicals Project Corporate Call (Morning Call) Transcript
Good morning, and good afternoon, ladies and gentlemen, and welcome to the Sasol Investor Analyst Conference Call. Today's call will be hosted by Stephen Cornell and Bongani Nqwababa, joint Presidents and Chief Executive Officers. Following the updates, an interactive Q&A session will take place.
And I will now hand the call over to Stephen Cornell. Please go ahead, sir.
Thank you, operator. Good morning, all. Bongani and I, along with our executive team, thank you for joining the call. We are to talk about today's update on the LCCP. And let me say right up front that we're extremely disappointed to be talking to you about a further increase in the capital cost for the project. The main focus of the call is to provide context in terms of what caused the increase and what we're doing about it.
There are a number of components to today's announcement, and I'd like to be clear on 5 aspects that we want everyone to take away from the call. Firstly, the project is on
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