Sasol's Nigeria GTL Plant Delayed Further Till 2013

Source: www.gulfoilandgas.com 5/5/2010, Location: Africa

South Africa's petrochemicals group Sasol said first production from its gas-to-liquids project in Nigeria may be delayed further until 2013 from the year before.

"The construction is at an advanced stage and we still see completion of that construction by the end of 2012 or early 2013, It will be operational during the course of 2013," Chief Executive Pat Davies said at the World Economic Forum Africa conference.

Davies also said he expects oil prices to stay around the $80 a barrel level for the rest of the year, which should help mitigate some currency impacts to the company's earnings owing to a strong rand against the U.S. dollar.

Sasol sells some of its oil products in dollars and pays for its costs in rand.


Angola >>  8/11/2022 - Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azul...
Algeria >>  8/4/2022 - An engineering, procurement, and construction contract with Sonatrach for the Tinrhert EPC2 Development Project in Algeria has been provisionally awar...

Egypt >>  4/28/2022 - In the context of the Suez Canal Authority's efforts to promote yacht tourism in the Canal region, H.E. Admiral Osama Rabie, Chairman of the Suez Cana...

Related Categories: Deodorization system  Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 

Related Articles: Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.