Sasol Targets $10 Billion Investment in 1.1 Million-Barrel Coal-to-Liquid Projects in Indonesia by 2015, an Industrial Info News Alert BANGALORE, INDIA--(MARKET WIRE)--Jan 9, 2009 -- Researched by Industrial Info Resources
(Sugar Land, Texas) -- According to Indonesia's Department
of Energy and
Mineral Resources, Sasol Limited (NYSE:SSL - News) (Johannesburg),
an integrated
energy and chemical firm, plans to invest $10 billion by
2015 to develop
coal liquefaction plants with a combined capacity of 1.1
million barrels
per day in eastern Kalimantan and Sumatra to produce gasoline
and other oil
products. The firm is in talks with local companies, including
PT Bumi
Resources Tbk (JAK: BUMI) (Jakarta, Indonesia), an oil and
coal-mining firm,
and PT Pertamina (Jakarta), a state-owned oil and gas extraction
and
refining company, to ensure the supply of coal for the plants. For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=142702, or browse other breaking industrial news stories at www.industrialinfo.com. Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to alternativefuelsgroup@industrialinfo.com or visit us at www.industrialinfo.com. Related News Articles GE Energy Signs Three Agreements Worldwide to Help Companies Improve Efficiency and Output Papua New Guinea Explores Potential of Petrochemical and LNG Industry Indian Government Seeks Profit Share from Coal Blocks in Coal Liquefaction Project Contact: Contact:
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713-783-5147
Source: Industrial Info Resources
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