Sasol Signs JV Agreement for Gas-to-Liquids Project in Uzbekistan

16 July 2009

Sasol has signed a Joint Venture Agreement with Uzbekneftegaz (the National Oil and Gas Company of Uzbekistan) and PETRONAS from Malaysia for the development and implementation of a Gas to Liquids (GTL) project in Uzbekistan.

The GTL facility will employ the proprietary Sasol Slurry Phase Distillate (SPD) process to annually produce in the order of 1.3 million tons of products such as GTL Diesel, GTL Kerosene, GTL Naphtha and Liquefied Petroleum Gas (LPG).

The project now moves into the feasibility phase which will be overseen by a joint venture company to be formed between the three partners.

Uzbekistan contains large amounts of natural gas reserves but is constrained by the lack of available natural gas transport infrastructure, according to the US Energy Information Administration.