The plant, in Strathcona County near Edmonton, will convert natural gas into diesel, naphtha, and other petrochemical feedstocks.
The proposed multibillion-dollar project will be built in two phases, each having a production capacity of about 52,000 b/sd for a combined capacity of 103,900 b/sd, the company said in a presentation to stakeholders and local community members.
Construction on the first phase is expected to begin first-half 2018, with production to start in 2021, according to Sasol.
The company said it plans to build the second phase following the start-up of first-phase production, but construction of the second phase will depend on market conditions as well as timing of front-end engineering and design (FEED).
Sasol completed a feasibility study for the GTL plant last year and filed an environmental impact assessment with Alberta regulators in late June 2013 (OGJ Online, Dec. 3, 2012).