Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL
Green Car Congress
NOVEMBER 23, 2017
In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. Sasol’s foundation businesses are cash positive at a US$40 per barrel oil price.
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