Sasol to study big GTL project in Mozambique

03 July 2014 16:49 Source:ICIS News

StudyLONDON (ICIS)--Sasol and two partners will carry out a pre-feasibility study for a large-scale gas-to-liquids (GTL) plant in Mozambique, the South Africa-based international energy and petrochemicals major said on Thursday.

The study, to be conducted jointly with Mozambique's national oil company Empresa Nacional de Hidrocarbonetos (ENH) and Italian energy major Eni, will assess the viability of a project based on gas from the Rovuma basin in northern Mozambique, Sasol said.

Eni is operator of a block in the deep waters of the Rovuma basin, which is estimated to hold up to 85 trillion cubic feet of gas.

"The proposed GTL facility firmly aligns with Mozambique's gas master plan goals, and, if successful, will go some way to accelerate socio-economic development in the country and the broader region," said Sasol CEO David Constable.

"Our GTL aspirations highlight our commitment to partnering with the Mozambican government and Eni in the responsible development of the country's natural resources," he added.

Sasol did not comment on capacities or costs. The company is also planning a GTL project in Louisiana in the US.

By Stefan Baumgarten