Moneyweb.co.za |
Low oil prices scuttle plans for $15 billion plant in Lake Charles
Daily Comet Sasol has abandoned plans for a gas-to-liquids plant in the Lake Charles area that would have cost as much as $15 billion, saying the low price of oil and a volatile marketplace make the project “uneconomic.” The plant would have converted natural gas ... Sasol nixes gas-to-liquid plant in Lake Charles; ethane cracker still on track Sasol to end GTL projects worldwide More cost overruns for Sasol's $11bn Lake Charles project |
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