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PetroSA in talks with Mozambique for GTL plant; 70% diesel output

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South African state-owned oil company PetroSA is in talks with Mozambique to develop a 40,000 barrels-per-day gas-to-liquids (GTL) plant there. Gareth Shaw, PetroSA’s business development manager for GTL, said his company was proposing the building the plant at a cost of around $4 billion.