Replies to post #6012 on The Rising Influence of Rising Affluence

[DewDiligence]

Sasol is a player in the GTL market:

http://www.nytimes.com/2012/12/04/business/energy-environment/sasol-plans-first-gas-to-liquids-plant-in-us.html

Pretty good overview of the GTL projects in operation, under development, and in the planning stages.

[DewDiligence]

Shell is no-go on US-based GTL plant:

http://finance.yahoo.com/news/shell-pulls-gas-liquids-project-181452403.html

[DewDiligence]

SSL plans to spend $21B on US GTL facility:

http://online.wsj.com/articles/are-we-underestimating-americas-fracking-boom-1401234486

Sasol, the former South African state oil company, …is embarking on what could be the single-largest foreign investment project in U.S. history.

Sasol is building a 3,034-acre energy complex near a bayou in Lake Charles, La. Tapping into cheap, fracked natural gas as well as the pipeline and shipping infrastructure along the Gulf Coast, Sasol plans to spend as much as $21 billion there.

…Sasol plans to reduce, or "crack," the gas into ethylene, a raw chemical used in plastics, paints and food packaging. It also plans to convert the gas into high-quality diesel and other fuels, using a process once advanced by Nazi scientists to power Panzer tanks. The state of Louisiana is even kicking in $2 billion of incentives to make it happen.

Shell recently decided not to develop such a project for cost reasons (#msg-94696485).