SLH Corp. (SYNM) - From natural gas to crude oil Message Board

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Technology Stocks : SLH Corp. (SYNM) - From natural gas to crude oil

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To: Bob Childers who wrote (239)	7/15/1999 5:14:00 PM
From: Bread Upon The Water	Read Replies (1) of 281

Bob, Just wanted to let you, and the other members of this thread, know that Sasol (Symbol SASOY) has a joint venture going with Phillips PEtoleoum to convert Qutar's (in the Arabian Gulf) natural gas reserves (according to NPR enough reserves to power every house in the US for the next 30 years) to liquid white gas (very pollution free). The project has been dragging a bit because the conversion only becomes profitable when oil sells for $20 a barrel or more (because thats how much they have to charge for the converted natural gas); but now that oil is at that level it should be full speed ahead. This should pump Sasol's stock. Bill PS. I own some Sasol.

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