Bust! Sasol Scrubs US GTL Plant In Louisiana -- November 27, 2017 -- The Market And Energy Page, Part 2, T+310

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Title : Bust! Sasol Scrubs US GTL Plant In Louisiana -- November 27, 2017 -- The Market And Energy Page, Part 2, T+310
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Bust! Sasol Scrubs US GTL Plant In Louisiana -- November 27, 2017 -- The Market And Energy Page, Part 2, T+310

From Oil & Gas Journal:
  • Sasol: mentioned many times on the blog
  • Sasol: ending its "already suspended" gas-to-liquids projects in Louisiana
  • a strategic retreat from a business in which it has been an international leader
  • low crude oil prices the reason
  • the company will no longer invest in greenfield GLT projects
  • Sasol has been in the GTL business for 60 years
  • more recent start-up: a 34,000-b/d Oryx plant at Ras Laffan Industrial City, Qatar 
Apple, Inc: friends in California bought an iPhone X and then received their choice of an iPhone 8/8 Plus for free. Speaks volumes. Mostly bad news for Samsung, I assume, but others might disagree. But that's $1,000 for two brand new iPhones -- about $500 apiece when averaged out. 




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