South African state company PetroSA is making contacts in order to build a gas-to-liquids (GTL) plant in Mozambique to respond to growing demand for diesel across the region, a company official said in Maputo Wednesday.
Gareth Shaw, who is responsible for business development at PetroSA, said that the company planned to build a unit to process the equivalent of 40,000 barrels of oil per day of natural gas and that investment was expected to total around US$4 billion.
Shaw also said that the future processing unit would use a new process available to the company that makes it possible to obtain 70 percent diesel as compared to a maximum of 40 percent for other processes and, thus meet demand seen in both Mozambique and Southern Africa as a whole.
Mozambique imports all of the liquid fuel it needs, and in the specific case of diesel it imports 900,000 tons per year. (macauhub)