Sasol expects to conclude the FEED phase and reach final investment decision for the GTL project in 2016, the company said.
The estimated project cost is $11-14 billion, Sasol said. In December 2012, Sasol announced its intention to build a GTL plant adjacent to its existing site near Westlake, La. (OGJ Online, Dec. 3, 2012).
The GTL plant will be the first of its kind in the US and produce 4 million tonnes/year (96,000 b/d) of transportation fuel, including GTL diesel and other chemicals.