Numbers add up for Canada GTL plan

Momentum builds behind shale to GTL project

A STRONG case is building for the Canadian gas-to-liquids (GTL) project being studied by South Africa’s Sasol and local Talisman Energy, despite the high capital cost and long lead time. In the first update since it recently committed C$2.1bn ($2.19bn) for a 50% stake in developing Talisman’s Farrell Creek and Cypress A shale-gas assets in British Columbia, Sasol further bolstered the argument for a commercial GTL facility in western Canada by estimating the British Columbia properties could provide sufficient gas feedstock for two plants with a combined capacity of 96,000 barrels a day (b/d). Lean Strauss, Sasol group executive for new business, told an investor session in New York that the