Petroleum Africa
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Thursday, April 26, 2012
PetroSA, South Africa’s national oil and gas firm, is looking toward its neighbor for the development of a GTL plant. The state-run firm is currently in talks with Mozambique aimed at feeding South Africa’s growing need for diesel.
PetroSA’s business development manager for GTL, Gareth Shaw, speaking at an energy event taking place in the Mozambican capital of Maputo said his company was proposing the building of a 40,000 bpd GTL plant at a cost of around $4 billion.
The plant could feed a growing need for fuels, and diesel in particular, in the southern African region.
Shaw told attendees that the plant could use PetroSA's new low-temperature Fischer-Tropsch technology, which would boost the share of diesel produced in the plant to 70% from 40% seen in other types of GTL technology.
"The industrial growth Mozambique is experiencing is driving diesel consumption in this area," Shaw said.
The substantial natural gas discoveries made off the coast of Mozambique by Anadarko- and ENI-led consortia have generated a host of proposals aimed at monetizing the resource.
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