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 converts 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
Description
The GTL plant cost US$10 billion and started up in summer 2014; its original cost started out at US$1.9 billion in 2005, rising to US$5.9 billion in 2009 but continued to escalate.
[1] More than 325 million cubic feet of natural gas are converted daily by the Escravos GTL facility into GTL diesel and GTL naphtha. The CNL Escravos Gas facility Phase I (EGP-1) and the GTL facility are next to each other.[1]
Partners
The project was 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
- ^ a b c d "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. Archived from the original on 2012-10-26. Retrieved 2009-08-02.
- ^ "KBR unveils Escravos GTL job rejig". Upstream Online. NHST Media Group. 2007-07-30. Retrieved 2009-08-02.
- ^ "Chevron's Escravos GTL Late and Costly". Energy Intelligence. 2014-08-13. Retrieved 2014-08-13.
- ^
"Chevron's Nigeria GTL plant delayed". NHST Media Group. 2009-02-27. Retrieved 2009-08-02.
