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Gold/Mining/Energy : Gasification Technologies

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To: Dennis Roth who wrote (386)9/15/2007 10:05:22 AM
From: Dennis Roth   of 1740
 
Monash plans to move in on Sasol's market
September 12, 2007
busrep.co.za

By Justin Brown

Perth - Sasol faces competition in the coal-to-liquids (CTL) space from Monash Energy.

Monash, the joint venture between Anglo American and Shell, is looking to build its first CTL plant in Australia as early as 2012.

Jeff Cochrane, Monash Energy's deputy project director, said last week that the concept study for the proposed plant was likely to be completed this year.

The plant was likely to produce 70 000 to 80 000 barrels of fuel a day.

Cochrane said the cost of the plant had not been determined.

Sasol operates the world's largest CTL facility, in Secunda, Mpumalanga. The facility produces 150 000 barrels of fuel a day.

The petrochemicals group is also investigating the possibility of building CTL plants in China, India and the US.

The company built a gas-to-liquids plant in Qatar and is looking at the possibility of building a similar plant in Australia.

The Monash Energy's coal-to-liquid plant, to be developed by Shell, will require 25 million to 26 million tons of coal a year.

Sasol's Secunda plant consumes more than 40 million tons a year.

Monash Energy's operation will use brown coal, which has a higher moisture content than the black coal that Sasol uses.

The burning of brown coal releases high levels of carbon dioxide. CTL plants are huge emitters of such pollutants.

To alleviate this problem, Monash Energy is looking at introducing carbon capture and storage technology at all its future CTL plants. Carbon capture involves the isolation of carbon in pollutants and storing it in oil fields.

Anglo and Shell have been in the joint venture since last year. Monash employs 16 people directly.

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