BOL engages US investors for coal to liquids project

Glimpse of the future: Botswana Oil hopes to secure investors for its coal to liquids dream PIC: GENERATED VIA MICROSOFT BING ARTIFICIAL INTELLIGENCE
Glimpse of the future: Botswana Oil hopes to secure investors for its coal to liquids dream PIC: GENERATED VIA MICROSOFT BING ARTIFICIAL INTELLIGENCE

Botswana Oil Limited (BOL) recently held meetings with United States entities as it tests investor appetite for its $2.5 billion Coal to Liquids project, which is due to be developed with private capital.

Known as the Ikaegeng XTL (Coal-to-Liquid), the ambitious synfuels project aims to use the billions of tonnes of coal lying untapped in the country to produce various petroleum fuel products for domestic use.

Botswana Oil expects that the envisaged plant could produce 12,000 barrels of oil per day or up to 80% of the country’s annual fuel demand of 1.2 billion litres.


Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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