Business Sasol: Nigerian Plant to Begin Fuel Production by Mid 2015

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LequteMan

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Nigeria- South African petrochemicals group Sasol on Thursday says its gas-to-liquids plant in Nigeria it is developing with Chevron by mid-2015 would begin full production of fuel products, according to a senior official. Reuters reports.

The Escravos GTL plant in the Niger Delta has suffered multiple delays and its development cost has soared from an initial $2.5 billion to around $10 billion, industry experts say. It is expected to produce 33,200 barrels per day of fuel.

The plant is jointly owned by the Nigerian state energy company NNPC and Chevron, which uses Sasol's GTL technology.

#NNPC #Sasol #Chevron

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