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Sasol, Eni consider new Mozambique gas-to-liquids plant

Jul. 03, 2014 11:35 AM ETSasol Limited (SSL) StockAPC, E, SSLBy: Carl Surran, SA News Editor
  • Sasol (NYSE:SSL) says it is teaming with Eni (NYSE:E) and Mozambique's state-run energy company to study the viability of building a gas-to-liquids plant in the African country.
  • The plant would service the gas fields off Mozambique's northern coast in the deepwater Rovuma Basin being developed by Eni and Anadarko Petroleum (NYSE:APC) which could contain 35T-65T cu. ft. of recoverable natural gas.
  • If SSL goes ahead with the plant, it will be the first gas-to-liquids facility in the country; gas production would not begin until at least 2018, and SSL does not say how much such a plant would cost.

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