Chinese refiner warns BOL against CTL investment
Friday, May 31, 2024 | 630 Views |
![On track: Botswana Oil is undeterred in its pursuit of a coal conversion project PIC: MORERI SEJAKGOMO](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2024/06/06/110802.jpg&w=800&q=72&f=jpg&t=1)
On track: Botswana Oil is undeterred in its pursuit of a coal conversion project PIC: MORERI SEJAKGOMO
Synfuels China, a major oil refiner with operations in China, Mongolia, and Taiwan, presented this week to a technical team of local research institutions and investment agencies.
Officials from Synfuels said the CTL project will involve uphill costs as Botswana’s coal contains a lot of ash, and the cost to wash off the ash will affect efforts to make the project profitable.
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