Monday, November 24, 2008

Sasol's Mafutha will be 'better' than Sasolburg and Secunda

NVDL: One presumes by 'better' they mean 'bigger'. SASOL is incompatible with a climate-safe future, yet the technology and process is becoming more and more popular.

From BusinessDay.co.za: According to Sasol’s sustainability report, the group’s total greenhouse gas emissions have risen to 72,70-million tons at its financial year-end, from 69,8-million tons last year.

The group’s carbon intensity has declined to three tons per ton of production, compared with 3,29 tons last year.

Richard Worthington, manager of the Worldwide Fund for Nature climate change programme, said in response to Sasol’s report that its business model and position on greenhouse gases were “essentially defensive of a core business that is treated as not up for discussion, despite it being incompatible with a climate-safe future”.

The trend is to build coal-to-liquids plants near oil wells for possible reinjection of carbon dioxide into oil wells.

The company admitted it was faced by a formidable challenge to develop technology to curb its carbon emissions.

Sasol is the second-biggest emitter of carbon in SA after Eskom, and counts among the top emitters in the world.

SASOL’s plans to build a new coal-to-liquids plant in Limpopo, with a production capacity of 80000 barrels per day, are continuing.

CE Pat Davies yesterday said the project, named Mafutha, would remain viable even in a low oil price environment.

“It will supply 80000 barrels per day of liquid fuel and, at the plant alone, jobs will be provided for 8000 people," Benny Mokaba, Sasol’s South African energy cluster head, said.
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