Wow, It Never Quits -- Update Of The Sasol Complex Near Lake Charles, LA -- August 26, 2016
Does anyone remember
this post from December, 2012?
December 4, 2012: Link to Oil & Gas Journal.
Sasol will proceed with front-end engineering and design for an
integrated gas-to-liquids plant and ethane cracker with downstream
derivatives at the company’s site near Lake Charles, LA.
The GTL plant will be the first of its kind in the US and produce 4
million tonnes/year (tpy; 96,000 b/d) of transportation fuel, including
GTL diesel and other chemicals.
Sasol’s own feasibility study proposed
the Louisiana plant produce GTL diesel, GTL naphtha, LPG, GTL base oils,
paraffin, linear alkyl benzene, and medium and hard wax.
Sasol estimates current project costs for the plant at $11-14
billion. The project will be delivered in two phases, each consisting of
48,000 b/d. The first phase is to begin operations in 2018, the second
in 2019.
We now have
an update.
Sasol Ltd.
has completed a detailed review of its integrated ethane cracker and
downstream derivatives complex under construction in Westlake, LA, near
Lake Charles, the results of which confirm a $2.1-billion increase in
costs from the company’s original estimate of $8.9 billion at the time
of reaching final investment decision (FID) on the project in October
2014.
Initiated in March, the review—which involved verifying details and
quantities of about 60,000 individual line items based on actual costs,
detailed engineering, benchmarking against other projects, as well as
actual field construction productivity factors—indicates a revised
overall capital cost of $11 billion for the Lake Charles Chemicals
Project (LCCP), including site infrastructure and utility improvements,
Sasol said.
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