Sasol Ltd.

Published : August 14th, 2015

Gulf Coast LNG Projects Dominate 2016's Top 10 Spending Projects in U.S. Southwest Region, an Industrial Info News Alert

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Dollar | Iron | Market | Natural Gas | Oil | Recovery |

Gulf Coast LNG Projects Dominate 2016's Top 10 Spending Projects in U.S. Southwest Region, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 14, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Texas and Louisiana are hosting the 10 highest-value projects that are set to kick off in the U.S. Southwest region in 2016, with Oil & Gas activity along the Gulf Coast accounting for almost all of the nearly $40 billion in total investment value, according to Industrial Info's Project Database. The growing global demand for liquefied natural gas (LNG) is driving more than half of that total.

All but one of the projects are in the planning phases, in which plenty of factors could increase, decrease, delay or cancel spending. Last year's dramatic plunge in commodity prices thrust many top-dollar projects in the Oil & Gas and Petroleum Refining industries into this limbo.

10. Summit Power Group's Texas Clean Energy Project in Penwell, Texas: $2.5 Billion

At the bottom of the list is a project that is among the least guaranteed: Summit Power Group Incorporated's (Seattle, Washington) 400-megawatt (MW), integrated gasification combined-cycle (IGCC) plant, also called the Texas Clean Energy Project, which is still facing hurdles in funding. For more information, see April 8, 2015, article -- Uncertain Future for Summit Power's Texas Clean Energy IGCC Project.

The IGCC plant would include a 232-MW Siemens SGT6-PAC 5000F combustion turbine generator, with a Siemens triple-pressure heat-recovery steam generator and a 168-MW Siemens SST-900RH dual-casing reheat steam turbine generator. The plant would capture 90% of carbon dioxide (CO2) for enhanced oil recovery.

Even if proper funds are obtained, construction likely would not begin until the final weeks of 2016.

9. Energy Transfer's LNG Liquefaction Plant in Lake Charles, Louisiana: $3 Billion

Lake Charles LNG Company LLC, a subsidiary of Energy Transfer Equity LP (ETE) (Dallas, Texas), plans to add to its LNG import terminal in Lake Charles by constructing an LNG liquefaction facility. The initial train would produce 5.5 million tons per year of LNG, with a total inlet capacity of 2.6 billion cubic feet per year of natural gas. The train will incorporate four Rolls Royce Trent 60 turbines, each with a capacity of 40 MW.

Late this spring, the U.S. Federal Energy Regulatory Commission's (FERC) environmental staff offered the Lake Charles LNG Liquefaction Plant an early environmental approval, indicating the project could be completed without significant negative environmental effects. A final decision from FERC is expected in November.

Construction is set to begin in the second quarter.

8. Energy Transfer's Train Addition to LNG Liquefaction Plant in Lake Charles, Louisiana: $3 Billion

A second train at the Lake Charles plant is being planned, also with a production capacity of 5.5 million tons per year, bringing total site production to 11 million tons per year, with a total inlet capacity of 2.6 billion cubic feet of natural gas per year. The second train also will incorporate four Rolls Royce Trent 60 turbines, each with a capacity of 40 MW. As with the above project, FERC permitting approvals are expected in November.

Construction is set to begin in fourth-quarter 2016.

To see details on the remaining projects in the U.S. Southwest region's top 10 by spending, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Other companies featured: Siemens AG, Cheniere Energy, Bechtel Group Incorporated, Chicago Bridge & Iron Company (CBI), Sempra Energy (SRE), Jilin Connell Group, Fluor Corporation (FLR), Sasol Limited (SSL)

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Read the rest of the article at finance.yahoo.com

Sasol Ltd.

CODE : SSL
ISIN : US8038663006
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Sasol is a oil producing company based in South africa.

Sasol is listed in South Africa and in United States of America. Its market capitalisation is US$ 4.5 billions as of today (€ 4.2 billions).

Its stock quote reached its highest recent level on May 31, 1996 at US$ 9.94, and its lowest recent point on March 20, 2020 at US$ 1.60.

Sasol has 651 437 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Project news of Sasol Ltd.
5/27/2016Sasol commences drilling of Mozambique PSA licence
Corporate news of Sasol Ltd.
8/2/2016Sasol transports abnormal load from Johannesburg to Secunda
5/26/2016Why Dollar Tree, Inc. (DLTR)’s Stock Surged on Thursday?
2/1/2016Sasol obtains approval for Mozambique Field Development Plan
1/28/2016Sasol Limited: Sasol Publishes Production and Sales Metrics ...
1/26/2016SCAM ALERT: IMPORTANT NOTIFICATION : REGISTRATION FEE
11/29/2015Western Digital Corp. (WDC): Are Hedge Funds Right About Thi...
11/22/2015Sasol Limited (ADR) (SSL): Hedge Funds Remain Severely Under...
10/30/2015Sasol, Partners Awarded On- and Offshore Blocks in Mozambiqu...
10/30/2015Sasol, partners awarded on- and offshore blocks in...
10/28/20155:00 am Sasol reports YTD production metrics
10/28/2015Sasol Publishes Production and Sales Metrics for the Three M...
10/9/2015Sasol's Reporting Publications for the Year Ended 30 June 20...
9/29/2015Fluor Wins Awards from Sasol for its South African Projects
9/17/2015Sasol Inzalo Public Limited (RF) announces intention to...
9/11/2015Sasol, partners award US$45mn condensate sales contract to.....
9/11/2015Sasol, Partners Award US$45mn Condensate Sales Contract to P...
9/7/2015Sasol improves volumes and cost performance
9/4/2015Businesswomen of the Year honoured by former President of...
8/24/2015Sasol Clarifies Position on Iran
8/14/2015Gulf Coast LNG Projects Dominate 2016's Top 10 Spending Proj...
6/18/2015Decision by Competition Appeal Court on Polymer Pricing Rele...
3/31/2015Gazprom to Cut Dividend Post Massive Decline in Profits - An...
3/31/2015TOTAL (TOT) Divests $1B Onshore Assets in Nigeria - Analyst ...
3/30/2015GuruFocus Names Three Dividend Growers of the Week
3/9/2015South Africa's Sasol Says Savings Savvy Vital for Volatile O...
3/9/2015Sasol Delivers Solid Operational Performance
3/9/2015Sasol delivers solid operational performance
3/6/2015Mozambique gas pipeline Loop Line 1 completed
3/3/2015SCAM ALERT: IMPORTANT NOTIFICATION : REGISTRATION FEE FOR...
2/25/2015Sasol appoints Air Liquide to build world’s largest oxygen.....
2/18/2015Sasol Limited: Change to Dividend Policy and Segmental Repor...
2/9/2015Sasol Limited: Change in Directors' Executive Responsibiliti...
2/6/2015Sasol Limited: Trading Statement for the Six Months Ended 31...
2/2/2015Sasol Hosts an Investor Visit to its US Ethane Cracker and D...
1/28/2015Sasol Announces Plan to Respond to the Low Oil Price Environ...
1/26/2015Sasol signs agreement for the sale of Price’s Candles to...
12/23/2014Sasol announces completion of US$4 billion credit facility.....
12/22/2014Sasol Announces Completion of US$4 Billion Credit Facility f...
12/1/2014Sasol pilots alternative waste handling solution
11/19/2014Sasol 2014 Sustainable Development Report available
10/30/2014Sasol Inzalo refinanced
10/27/2014Sasol announces final investment decision on world-scale...
10/20/2014Sasol invest in infrastructure development
2/28/2011Competition Tribunal Confirms Settlement of Section 4 Compla...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
NYSE (SSL)
6.86-2.97%
NYSE
US$ 6.86
04/25 13:55 -0.210
-2.97%
Prev close Open
7.07 6.88
Low High
6.78 6.89
Year l/h YTD var.
6.86 -  9.98 -31.26%
52 week l/h 52 week var.
6.86 -  14.37 -44.99%
Volume 1 month var.
911,928 -10.91%
24hGold TrendPower© : 3
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-46.28%
2023-18.71%18.4511.56
2022-4.21%28.3714.70
202185.10%9.8110.12
2020-59.56%9.781.60
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.67+6.85%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.48+4.20%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.47+0.98%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.91+7.91%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.13+0.06%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :