Sasol, South Africa's leading petrochemical group, was still awaiting approval from China for its planned project to turn coal into fuels with Shenhua Group, China's top coal producers, Sasol chief executive Pat Davies said May 5.
Sasol had already done all that was necessary for China's National Development and Reform Commission (NDRC) to make up its mind on the $8.8 billion project. Davies said.
Sasol continues to look elsewhere all the time when asked if there was any possibility that the delay might force Sasol to look elsewhere, Davies said.
Sasol and Shenhua, China's state-owned mining and energy company, have been developing the coal-to-liquids (CTL) facility in north China's Ningxia Hui Autonomus Region since 2009.
Related: Iron Ore Processing Equipment Iron Ore Crusher Stone Crusher Manufacturer
No comments:
Post a Comment