Sasol halts Indonesian Coal-to-Liquids plant to focus on Gas-to-Liquids
18 January 2011
IOL. Sasol confirmed a decision not to continue with a Coal-to-Liquids (CTL) project in Indonesia (earlier post), saying that it would instead focus on Gas-to-Liquids opportunities.
In December 2009, Sasol, with the Government of the Republic of Indonesia, signed a Memorandum of Understanding (MoU), which facilitated the commencement of a screening study into the viability of an integrated Coal-to-Liquids (CTL) project in the Republic of Indonesia, using Sasol’s proprietary technology.
On Tuesday however, Sasol said in a statement that it would turn its focus to Gas-to-Liquids opportunities. “Sasol has taken the decision to accelerate its focus on business development of new Gas-to-Liquids (GTL) opportunities and to limit its focus on the development of CTL opportunities beyond current opportunities (China and India) which are already at advanced stages of development. Sasol hopes to continue its partnership with the Indonesian government and to progress discussions on potential GTL opportunities in Indonesia,” the group said.
Why not introduce a few dozens similar plants in USA?
Posted by: HarveyD | 18 January 2011 at 09:40 AM
The supply of "cheap" US gas could disappear overnight with one court ruling on groundwater contamination from fraccing. That would turn all such plants into junk with the stroke of a pen.
Posted by: Engineer-Poet | 18 January 2011 at 10:26 AM