{"id":14607,"date":"2012-09-14T04:20:39","date_gmt":"2012-09-14T02:20:39","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/sasol-a-step-closer-to-canadas-first-gas-to-liquids-plant\/"},"modified":"2012-09-14T04:20:39","modified_gmt":"2012-09-14T02:20:39","slug":"sasol-a-step-closer-to-canadas-first-gas-to-liquids-plant","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/sasol-a-step-closer-to-canadas-first-gas-to-liquids-plant\/","title":{"rendered":"Sasol a step closer to Canada&#8217;s first gas-to-liquids plant"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>By Jeffrey Jones<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">CALGARY, Alberta, Sept 13<\/span> (Reuters) &#8211; Sasol Ltd is<br \/>\na step closer to building Canada&#8217;s first multibillion-dollar<br \/>\nplant to convert cheap natural gas to diesel and other fuels<br \/>\nafter the South African company signed an option on an<br \/>\nindustrial property near Edmonton, Alberta.<\/p>\n<p><span><\/span><\/p>\n<p>Sasol, a new entrant into the Canadian energy sector, has<br \/>\nsecured a site in Fort Saskatchewan, Alberta, drawn by the<br \/>\nregion&#8217;s extensive infrastructure for both natural gas and<br \/>\nrefined products, Rudi Heydenrich, president of new business<br \/>\ndevelopment for Sasol Canada, said on Thursday.<\/p>\n<p><span><\/span><\/p>\n<p>Total SA had previously planned to build an oil<br \/>\nsands upgrader on the property, which is in a region known as<br \/>\nthe Industrial Heartland.<\/p>\n<p><span><\/span><\/p>\n<p>The gas-to-liquids operation, which would ultimately have a<br \/>\ncapacity of 96,000 barrels a day, would be a welcome and sizable<br \/>\nnew customer for Canadian gas producers whose finances are under<br \/>\npressure from weak North American prices due to booming shale<br \/>\nsupplies that have flooded the continent.<\/p>\n<p><span><\/span><\/p>\n<p>Such a plant would use about 1 billion cubic feet a day of<br \/>\ngas, about 8 percent of Alberta&#8217;s current gas output.<\/p>\n<p><span><\/span><\/p>\n<p>Analysts have pegged the cost of a plant as high as C$10<br \/>\nbillion ($10.3 billion), though Heydenrich said Sasol has not<br \/>\nyet advanced the plan to the point where it could estimate<br \/>\ncosts.<\/p>\n<p><span><\/span><\/p>\n<p>It has just completed the feasibility study and is now<br \/>\nbeginning front-end engineering design for the plant, which<br \/>\nwould likely have an initial capacity of 48,000 bpd. Following<br \/>\nthat, the company would make a go-ahead decision and the<br \/>\nfacility could be in service around the end of the decade.<\/p>\n<p><span><\/span><\/p>\n<p>Profitability for a GTL operation is based on a wide spread<br \/>\nbetween crude oil and natural gas prices, rather than a ceiling<br \/>\nprice for gas, Heydenrich said.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jeffrey Jones CALGARY, Alberta, Sept 13 (Reuters) &#8211; Sasol Ltd is a step closer to building Canada&#8217;s first multibillion-dollar plant to convert cheap natural gas to diesel and other fuels after the South African company signed an option on an industrial property near Edmonton, Alberta. Sasol, a new entrant into the Canadian energy sector, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-14607","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=14607"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14607\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}