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Sasol Plans GTL, Chemicals Project for Lake Charles
3:42 PM MDT | September 26, 2011 | Robert Westervelt and Natashe Alperowicz
Sasol says it plans a project to build an integrated U.S. gas-to-liquids (GTL) and chemicals complex, its first GTL investment in the U.S. The company says it will conduct a feasibility study to evaluate the viability of a GTL venture near its existing Lake Charles, LA complex over the next 18 months. Capital investment for the project is estimated at $8 billion-$10 billion. The study will evaluate a 2-million m.t./year and a 4 million m.t./year GTL facility. Sasol’s board has approved the study for the U.S. plant after successful completion of a...
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