Sasol Limited · JSE:SOL
Sasol — World XTL Summit 2011
33 slides from Sasol's conference presentation, Jun 7, 2011
Slide 1: GTL – A Window of Opportunity
1 GTL – A Window of Opportunity World XTL Summit, 7th June 2011
Slide 2: Forward-looking statements
2 Forward-looking statements In this document we make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects,
Slide 3: Content
3 Content Sasol project status update North America – the new frontier for GTL Sasol GTL technology update Key insights GTL – a window of opportunity Copyright @ 2011, Sasol New Business Development
Slide 4: Oryx GTL, Sasol’s GTL flagship
4 Oryx GTL, Sasol’s GTL flagship Copyright @ 2011, Sasol New Business Development
Slide 5: View from the sky
5 View from the sky Copyright @ 2011, Sasol New Business Development
Slide 6: Uzbekistan GTL, Karshi, Uzbekistan
6 Uzbekistan GTL, Karshi, Uzbekistan • Uzbekneftegaz, Sasol and PETRONAS established a joint venture - December 2009 • Execute joint Feasibility Study • Targeting nominal plant capacity of 38 000 bbl/d • Product slate target - GTL diesel, GTL kerosene and GTL naphtha • The plant will be located near
Slide 7: Escravos GTL, Nigeria
7 Escravos GTL, Nigeria • Sasol, National Nigerian Petroleum Company and Chevron Nigeria Limited – under construction • 32 400 Escravos GTL, Nigeria • Oryx design • Sasol’s technology and cobalt catalyst employed Early construction • Completion expected in 2013 Early 2011 Copyright @ 2011, Sasol New
Slide 8: Content
8 Content Sasol project status update North America – the new frontier for GTL Sasol GTL technology update Key insights GTL – a window of opportunity Copyright @ 2011, Sasol New Business Development
Slide 9: Shale gas has added more than 70 years resource life
9 Shale gas has added more than 70 years resource life based on current North American production and it is increasing every year Copyright @ 2011, Sasol New Business Development
Slide 10: Montney shale one of the most competitive shale plays in North America
10 Montney shale one of the most competitive shale plays in North America Copyright @ 2011, Sasol New Business Development
Slide 11: GTL an attractive economic proposition in North America
11 GTL an attractive economic proposition in North America Crude oil prices expressed as a multiple of natural gas prices Forecast* 28 WTI crude oil as a multiple of henry hub gas prices 24 GTL 20 favoured 16 (mmBtu/bbl) 12 8 LNG 4 favoured 0 1992 1995 1998 2001 2004 2007 2010 2013 2016 2019 2027 *
Slide 12: Sasol recently acquired 50% of Farrell Creek and Cypress A
12 Sasol recently acquired 50% of Farrell creek and Cypress A ● One of the most prolific shale plays in TLM land North America Sasol/TLM land Basin ● All year access and excellent infrastructure Major pipeline ● Sasol/ Talisman partnership on 108 000 total net acres land – circa 20 tcf of Alberta co
Slide 13: Content
13 Content Sasol project status update North America – the new frontier for GTL Sasol GTL technology update Key insights GTL – a window of opportunity Copyright @ 2011, Sasol New Business Development
Slide 14: GTL Technology Advancements
14 GTL Technology Advancements Copyright @ 2011, Sasol New Business Development
Slide 15: Heat Exchange Reforming Development
15 Heat Exchange Reforming Development • Methane Reforming is a key processing step for GTL - converts natural gas / methane into syngas feeding Sasol’s Fischer-Tropsch synthesis process • Sasol and Haldor-Topsøe have a leading position with new technology called heat exchange reforming - Sasol oper
Slide 16: Heat Exchange Reforming Development – Impact
16 Heat Exchange Reforming Development – Impact • Improved efficiency Overall carbon efficiency: 10% CO2 footprint intensity: 30% • Lower TCO For same Oxygen requirement - GTL production capacity: 25% Taking advantage of technology benefits and associated economies of scale - capital cost of Syngas
Slide 17: Capacity of GTL reactors increasing
17 Capacity of GTL reactors increasing Develop an intensified slurry phase reactor to Current increase throughput without increasing shell size Reactor development combined with increased catalyst development Copyright @ 2011, Sasol New Business Development
Slide 18: Catalyst developments
18 Catalyst developments • Better cobalt distribution allows improved catalyst activity and stability • Improvements in alumina support • Next generation catalyst will lower GTL operating cost by Fresh Catalyst • Improving catalyst productivity Products • Allowing higher reactor intensities Syngas F
Slide 19: Content
19 Content Sasol project status update North America – the new frontier for GTL Sasol GTL technology update Key insights GTL – a window of opportunity Copyright @ 2011, Sasol New Business Development
Slide 20: Sasol’s integrated business model - converting coal and gas into liquid fuels and chemical products
20 Sasol’s integrated business model - converting coal and gas into liquid fuels and chemical products Copyright @ 2011, Sasol New Business Development
Slide 21: Sasol group strategy: accelerate GTL and grow upstream business
21 Sasol group strategy accelerate GTL and grow upstream business Copyright @ 2011, Sasol New Business Development
Slide 22: Sasol - a truly integrated company
22 Sasol - a truly integrated company Sasol Limited South African International Chemicals cluster Specialist services energy cluster energy cluster Sasol Mining Sasol Petroleum Sasol Olefins Sasol Technology International & Surfactants Sasol Synfuels Sasol Synfuels Sasol Polymers Sasol Financing Int
Slide 23: Value adding expansion potential
23 Value adding expansion potential Diesel and Kerosene Naphtha and LPG GTL C10-C13 Paraffin Wax Products FT Base Oils Methane Ammonia Urea Gas Reforming Methanol and Methanol Methanol to Olefins Polyethylene Gas Field Ethylene Polypropylene Gas Cracker Separation Ethane, LPG and Propylene Solvents
Slide 24: GTL fuel finding widespread application
24 GTL fuel finding widespread application Demonstration of first passenger flights in September 2010 on fully synthetic jet fuel The US airforce has tested GTL/ CTL fuel in B-52s and B-1Bs In 2006, a Toyota Hilux Raider, drove from The oil from the Toyota fuelled by GTL diesel On 1 Feb 2008, an Air
Slide 25: GTL – Research & Development
25 GTL – Research & Development • Leading edge innovation remains key • Sasol has three R&D centers located in South Africa, the Netherlands and Scotland • R&D facilities employ over 600 people with the largest concentration of PhD graduates (120) outside of the universities in the southern hemisphe
Slide 26: Content
26 Content Sasol project status update North America – the new frontier for GTL Sasol GTL technology update Key insights GTL – a window of opportunity Copyright @ 2011, Sasol New Business Development
Slide 27: GTL – A window of opportunity?
27 GTL – A window of opportunity? Copyright @ 2011, Sasol New Business Development
Slide 28: Sasol’s synfuels plant in Secunda
28 Sasol’s synfuels plant in Secunda Produced more than 1.6 billion barrels of high quality fuels from coal and gas Copyright @ 2011, Sasol New Business Development
Slide 29: Oryx GTL – A reality!
29 Oryx GTL – A reality! GTL construction in Qatar Reactor transport from Operation in Qatar Japan Copyright @ 2011, Sasol New Business Development
Slide 30: GTL – A first of a kind in North America
30 GTL – A first of a kind in North America • Leading edge, commercial technology that can be implemented immediately • Energy diversity and security • Integrated value chain opportunities and synergies (upstream and chemicals) • Flexibility in transportation fuels industry • Fungible products that
Slide 31: GTL fuel – a world class product
31 GTL fuel – a world class product ● Colourless, clean burning fuel for use in ● Compatible with existing engine technology diesel and jet engines and distribution infrastructure ● High cetane number, virtually sulphur and ● Enables the development of new aromatics free generation internal combusti
Slide 32: Economic growth for all stakeholders
32 Economic growth for all stakeholders A GTL facility in North America has the potential to create significant macroeconomic benefits in in the form of: • Direct employment of more than 500 people • Employment of more than 5000 people (at peak) during the construction phase • Direct capital investm
Slide 33: Thank You
33 Thank You Mike Nel, General Manager, Downstream, Sasol New Business Development ([email protected]) Copyright @ 2011, Sasol New Business Development