Wednesday, 27 August 2014

$10BN CHEVRON ESCRAVOS GTL PRODUCES FIRST LIQUIDS

Nigeria has joined a small group of nations including Qatar, South Africa, Malaysia and Australia that operate hi-tech Gas to Liquid (GTL) plants, as the Chevron owned Escravos GTL has produced its first liquids, after being behind schedule for several years.

The plant would allow Nigeria to perform a leading role in an advanced sector of the energy and fuel market.

“We recently achieved a major milestone at our Escravos gas to liquids plant with the production of GTL diesel and naphtha. We anticipate continued ramp-up in first product lifting later this year,” said George Kirkland, Vice Chairman and Executive Vice President-Upstream and Gas, at Chevron Corp., during the company’s Q2 Earnings conference call.

Read more @ Businessday Live

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