mmegi

BOL engages US investors for coal to liquids project

Thursday, April 06, 2023 | 620 Views |

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

ZCC St.Engenas headquarters in Moria.PIC.PRESIDENCY OF SOUTH AFRICA

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 11 m ago

Day 3: Search for Maun missing boy continues

Staff Writer | 24 m ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 30 m ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 47 m ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 1 h ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 1 h ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 1 h ago

Zebras to camp in Tunisia ahead of AFCON finals

Mqondisi Dube | 1 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More