Cape Town, South Africa | – South Africa international integrated energy and petrochemicals group Sasol expects full production at a gas-to-liquids plant in Nigeria it is developing with Chevron by mid-2015, a senior official said on Thursday.
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 stat-owned energy company, the Nigerian National Petroleum Corporation (NNPC) and Chevron, which uses Sasol’s GTL technology.
Reuters.