Escravos GTL
Escravos GTL is a gas to liquids (GTL) project based in Escravos region, Nigeria. It is located in the Niger Delta about 100 kilometres (62 mi) southeast of Lagos. The plant will convert natural gas into liquid petroleum products.
History
A pre-feasibility study of Escravos GTL was conducted in April 1998, followed by an engineering feasibility study. The Front-End Engineering and Design (FEED) was completed in 2002.[1] At the same year, agreements between Sasol, Chevron Corporation and Nigerian National Petroleum Company were signed.[2] The construction contract was awarded in April 2005 to a consortium of JGC, KBR and Snamprogetti.[1][3]
Description
The GTL plant is expected to cost US$8.4 billion and to become operational by 2013.[4] It will have an initial capacity of 34,000 barrels per day (5,400 m3/d) of synfuel. Within ten years the capacity would be expanded to 120,000 barrels per day (19,000 m3/d). The plant will use Sasol's Fischer-Tropsch process technology and Chevron's ISOCRACKING technology.[1]
Partners
The project is being developed by Chevron Nigeria Limited (75%) and the Nigerian National Petroleum Company (15%).[1] Sasol gained interest in the project early on, acquiring half of Chevron Nigeria's stake; however, due to increased cost and delays, Sasol reduced its stake to 10% in late 2008.[5]
References
- ↑ 1.0 1.1 1.2 1.3 "Escravos Gas-to-Liquids Project, Niger Delta, Nigeria". Hydrocarbons Technology. SPG Media Limited. Retrieved 2009-08-02.
- ↑ "SasolChevron signs agreement for Escravos GTL plant". Gas-to-Liquids News. 2002-05-01. Retrieved 2009-08-02.
- ↑ "KBR unveils Escravos GTL job rejig". Upstream Online (NHST Media Group). 2007-07-30. Retrieved 2009-08-02.
- ↑ Reddall, Braden (2011-02-24). "Cost of delayed Chevron Nigeria plant now $8.4 bln". Reuters. Retrieved 2011-06-16.
- ↑ "Chevron's Nigeria GTL plant delayed". Upstream Online (NHST Media Group). 2009-02-27. Retrieved 2009-08-02.