Mmegi

Chinese refiner warns BOL against CTL investment

On track: Botswana Oil is undeterred in its pursuit of a coal conversion project PIC: MORERI SEJAKGOMO
On track: Botswana Oil is undeterred in its pursuit of a coal conversion project PIC: MORERI SEJAKGOMO

A major Chinese oil refiner has poured cold water on Botswana Oil’s (BOL) planned Coal to Liquids (CTL) plant project, saying the coal to be used has a high ash content, which will cause “bad economics” for the venture.

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.

Editor's Comment
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...

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