Mmegi

Chinese refiner warns BOL against CTL investment

Friday, May 31, 2024 | 630 Views |

On track: Botswana Oil is undeterred in its pursuit of a coal conversion project PIC: MORERI SEJAKGOMO

A major Chinese oil refiner has poured cold water on Botswana Oil’s (BOL) planned Coal to Liquids (CTL) plant project, saying the coal to be used has a high ash content, which will cause “bad economics” for the venture.

Synfuels China, a major oil refiner with operations in China, Mongolia, and Taiwan, presented this week to a technical team of local research institutions and investment agencies.

Officials from Synfuels said the CTL project will involve uphill costs as Botswana’s coal contains a lot of ash, and the cost to wash off the ash will affect efforts to make the project profitable.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Botswana Oil

news paper Savanna Tanks Partners with John Luke & Sons for Major Water Tank Installation at USD120 Million Tobacco Factory in Harare.docx

Savanna Tanks Sets New Record with Africa's Largest GS Ground Tank

Staff Writer | 1d ago

BDP orders re-run in three constituencies

Sharon Mathala | 1d ago

BCP sends ‘Mmannana’ for a second chance

Spira Tlhankane | 1d ago

Zebras in Mauritania to kick-start campaign

Larona Makhaiza | 1d ago

Mthimkhulu: The intellect from the kasi

Staff Writer | 1d ago

Masuge to get P25, 000 for Paralympics effort

Calistus Kolantsho | 1d ago

Did she or did she not?

Sharon Mathala | 2d ago

'Angry' boyfriend stabs girlfriend

Pini Bothoko | 03 Sep 2024

We should care more for our infrastructure, road safety

These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...

Mmegi Editor | 30 August 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More