Sasol is ending its suspended gas-to-liquids project in Louisiana in a strategic retreat from a business in which it has been an international leader.
The South African company had delayed a final investment decision on the 96,000-b/d facility near Westlake, La., in 2015, citing low oil prices (OGJ Online, Jan. 28, 2015).
Cancellation of the project is part of a decision to invest in no further greenfield GTL projects, company officials said in presentation on investment plans.
Sasol has produced hydrocarbon liquids from coal and natural gas in South Africa for 60 years and expanded its GTL business internationally in 2006 with start-up of the 34,000-b/d Oryx plant at Ras Laffan Industrial City, Qatar (OGJ Online, June 7, 2006).
