Sasol And Gas-to-Liquids (GTL) In Canada
1Sasol and Gas-to-Liquids (GTL) in CanadaCalgary10 November 2011
2sasol at a glance Sasol is an integrated energy and chemicalscompany World’s largest producer of synthetic fuels Pioneer in gas-to-liquids (GTL) and coal-to-liquids(CTL) technology 60 years’ experience in CTL and GTL 255 engineering and science PhDs Strong intellectual property portfolio (372 registered Turnover US 20bn1 Market cap US 30bn Listed on JSE (SOL) andNYSE (SSL) Present in 38 countriespatent families) New Chief Executive, David Constable (an Albertan)from 1 July 2011 Sasol Canada office established in Calgary 2 billion Montney gas acquisitions completed1 Financial year 2011 34 000 employees worldwide
3Sasol’s integrated business modelExploration andproduction of feedstock Coal Gas OilSyngas productionOpen market purchasesCrude oilFuel componentsFTTechnology(LT or HT)Copyright @ 2011, Sasol New Business DevelopmentMarketingof productsCo-productsChemicalfeedstockNew energyThird party producerRefiningand blendingChemical feedstockChemicalprocesses
4Main Sasol businessesSasol LimitedSouth Africanenergy clusterInternationalenergy clusterChemicals clusterSpecialist servicesSasol MiningSasol SynfuelsInternationalSasol Olefins& SurfactantsSasol TechnologySasol PolymersSasol WaxSasol FinancingSasol SynfuelsSasol PetroleumInternationalSasol SolventsSasol GasSasol OilSasol New EnergySasol New BusinessDevelopment
5Global footprintUpstream asset portfolio South Africa Mozambique Canada Gabon Nigeria Papua New Guinea Australia São Tomé and PríncipeGTL operations & projects Qatar Nigeria Uzbekistan CanadaCTL operations & projects South Africa China IndiaChemical operations South Africa USA Germany Italy Iran Malaysia China
6Sasol’s business model requires focus ontechnologyResearch and Development capacityCorporate R&D located mostly in Sasolburg(590 employees)PhDs 117MSc: 105R & D centers also in egSecunda (30 employees)Netherlands (9 employees)Scotland (22 employees)Cape Town (12 employees)External research collaboration:Local UniversitiesForeign UniversitiesVarious Research InstitutesCopyright @ 2011, Sasol New Business Development
7What is GTL?The GTL processCopyright @ 2011, Sasol New Business Development
8Evolution of Sasol FT reactorsHigh temperature(350 C)gasoline & olefinsLow temperature(250 C)waxes & dieselsyntholadvanced syntholargeslurryConventional technologyAdvanced technologyUsing advanced technology to add value to hydrocarbon resourcesCopyright @ 2011, Sasol New Business Development
9Evolution of LT FT reactorsThe future of Sasol SPD * technologyReactor intensification – history and futureReactor size targeted forCanada feasibility study100 bbl/d2 500 bbl/dSasolburg1980s1990s16 000 bbl/d 24 000 bbl/dQatar2000s30 000 bbl/dNigeria2010s2020s* SPDTM Slurry Phase DistillateEnhanced performance through increased volumetric conversion efficiency to supportmultiple train, large scale GTL facilitiesCopyright @ 2011, Sasol New Business Development
10GTL products and value additionValue adding expansion potentialDiesel & KeroseneGTLNaphtha & LPGC10-C13 Paraffin‘sWax ProductsFT Base OilsMethaneAmmoniaUreaMethanolMethanol andMethanol to er (C4 stream,pygas)Ethane, LPG and CondensateColour CodeCopyright @ 2011, Sasol New Business DevelopmentGTLFT basedvalue addsOther valueadds
11GTL productsSuperior quality fuels: dieselColorless, clean burning fuel for use indiesel enginesHigh cetane number, virtually sulphurand aromatics freeCan be used “pure” or as blend withconventional dieselCompatible with existing enginetechnology and distribution infrastructureEnables the development of newgeneration internal combustion enginetechnologies with improved engineefficiency and further reduction of vehiclepollutant emissionsCopyright @ 2011, Sasol New Business Developmentclean, clear product
12Synfuels industry in South Africa todaySasol SynfuelsCoal-fed, supplemented with natural gasCapacity: 160 000 bpd crude oil equivalentPetroSASasol II & III160 000 bpdSasol licensed technologyNatural gas-fed, some condensateCapacity: 45 000 bpd crude oil equivalentTotal Capacity:205 000 bpd ( 10 million tpa) crude oilequivalentPetroSA45 000 bpdSynfuels industry supplies 30% of SA transport fuel consumption
13INTERNATIONAL COMMERCIALISATION OFSASOL’s GTL TECHNOLOGY: ORYX GTLShareholding: Qatar Petroleum 51%: Sasol49%32,400 bbl/day nameplate capacityProduction of GTL diesel, GTL naphtha andLPGGTL gas feedstock 330MMscf/dCopyright @ 2011, Sasol New Business Development
ORYX GTL: an updateLargest low temperaturecommercial scale GTL plant in theworld when commissionedFirst GTL project to be projectfinancedWinner of two internationalfinancing awardsLargest auto-thermal reformers inthe worldLargest slurry phase FischerTropsch reactors in the worldWorld’s largest air separationunitsWorld class safety recordOperational results and financialcontribution to shareholdersgratifying
15Progress PhotographsEGTL Site View
16GTL an attractive economic propositionin north americaCrude oil prices expressed as a multiple of natural gas pricesForecast*WTI crude oil as a multiple of henry hub gasprices (mmBtu/bbl)282420161284019921995* source: EIA199820012004200720102013201620192027
17GTL in Western CanadaAn attractive value proposition to create economic growthSasol / Talisman US 60m GTL feasibility study on track for completion by thesecond half of 2012Initial indications are that a 96 000 bbl/d GTL plant will:Add significant value in province to natural gasCreate 750 – 850 direct jobs to operate and support plantCreate 5500 jobs during peak constructionContribute significant economic multiplier and macro-economic benefitsAdd an innovative commercially proven upgrading technologyEnable the creation of a new value adding sectorValue proposition formed basis for favourable enabling incentives in alljurisdictions where GTL / CTL plants have been built
18Recent Sasol GTL developmentsLouisiana GTL feasibility study announced in September 2011Expedited regulatory approvals Significant incentives Labour and construction costs competitive Synergies with existing Sasol facilities in Louisiana Uzbekistan GTL feasibility study completed – FEED phase enteredSasol has the capacity to develop the above projects and the Canada GTLprojectCopyright @ 2010, Sasol New Business Development
19Thank YouNereus Joubert, Country President, Sasol Canada(nereus.joubert@sasol.com)
sasol at a glance . 1 Financial year 2011 Turnover US 20bn. 1 Market cap US 30bn Listed on JSE (SOL) and NYSE (SSL) Present in 38 countries 34 000 employees world-wide Sasol is an integrated energy and chemicals company World’s largest producer of synthetic fuels - Pioneer in gas-to-liquids (GTL) and coal-to-liquids (CTL) technology
NACOL Sasol Germany GmbH Pure cuts of linear alcohols C 6 to C 22 Brunsbüttel NAFOL Sasol Germany GmbH Blends of linear alcohols C 8 to C 28 . www.sasol.com Sasol Chemicals Performance Solutions Anckelmannsplatz 1, 20537 Hamburg, Germany info@de.sasol.com Telephone 49 40 63684-1000 Italy
Sasol Performance Chemicals Wax Division Worthdamm 13–27 20457 Hamburg, Germany industrial.waxes@de.sasol.com www.sasol.com Global Contacts Europe 49 40 78115 0 wax@de.sasol.com North America 1 510 232 8704 wax@us.sasol.com Latin America 55 11 4612 8199 wax@us.sasol.com 55 11 2898 9768
Sasol Performance Chemicals Organics Division Anckelmannsplatz 1, 20537 Hamburg, Germany info@de.sasol.com Telephone 49 40 63684 1000 Fax 49 40 63684 3700 www.sasol.com Italy sasol.italy@it.sasol.com Telephone 39 025 8453-1 Fax 39 025 8453-285 Spain/Portugal carlos.cabeza@de.sasol.com Telephone 34 934 876 092 Fax 34 934 876 485
www.sasol.com Sasol Performance Chemicals Organics Division Anckelmannsplatz 1, 20537 Hamburg, Germany info@de.sasol.com Telephone 49 40 63684-1000 Fax 49 40 63684-3700 Italy sasol.italy@it.sasol.com Telephone 39 025 8453-1 Fax 39 025 8453-285 Spain/Portugal carlos.cabeza@de.sasol.com Telephone 34 934 876 092 Fax 34 934 876 485
Sasol Performance Chemicals Anckelmannsplatz 1, 20537 Hamburg, Germany info@de.sasol.com Telephone 49 40 63684 1000 Fax 49 40 63684 3700 Organics Division Anckelmannsplatz 1, 20537 Hamburg, Germany pica@de.sasol.com www.sasol.com Wax Division Worthdamm 13–27, 20457 Hamburg, Germany wax@de.sasol.com t o r,, s A 7 GB)
Sasol Two Synfuels and Chemicals complex is completed. 1980 2003 Sasol lists on the New York Stock Exchange in Ownership reaches the United States. 2004 First natural gas from Mozambique arrives in Secunda through the Cross border pipeline. 2007 Oryx Qatar on stream 2009 Sasol forms JV for GTL in Uzbekistan 2010 Sasol Mining’s BBBEE over 40%.
sasol LTFT process paraffin extraction fuels product work-up Process * syngas reactor wax condensate wax products LPG naphtha diesel paraffins LPG naphtha diesel base oils base oils phase 1 phase 2 oxygen natural gas a Sasol wholly owned facility with a nominal capacity of 96 000 bbl/d debottleneck in Hamburg, Germany new emulsification units .
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