Remove Cost Of Remove Oil Prices Remove Price Remove South Africa
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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

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At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) and South Africa ($5.5 billion, helped by the recovery in sector share prices between mid-2012 and March 2014, and by the popularity with investors of US “yieldcos” and their European equivalents, quoted project funds. Investment in developing countries, at $131.3 billion, up just 3% on the year. billion), India ($7.4

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