Talisman Energy exits GTL project with Sasol

June 28, 2012
Talisman Energy Inc. decided against participating in Sasol Canada's gas-to-liquids project following completion of a feasibility study.

Talisman Energy Inc. decided against participating in Sasol Canada's gas-to-liquids project following completion of a feasibility study.

Sasol Canada is a unit of Sasol Ltd. of South Africa.

John A. Manzoni, Talisman president and chief executive officer, said Talisman continues joint development of its Montney shale gas play in northeast British Columbia with Sasol.

Talisman's decision to exit the GTL project will not impact its upstream partnerships with Sasol.