Last week, South African-based Sasol Ltd. cleared a major regulatory hurdle to build the United States’ first Gas-to-liquids (GTL) plant near Lake Charles, Louisiana. The U.S. Army Corps of Engineers approved Sasol’s wetland modification permit to build the industrial complex that would use natural gas as a feedstock to produce 96,000 barrels of diesel fuel and other liquids per day. If built, estimated construction costs are between $11-14 billion and the complex will be the largest foreign investment in the history of the state of Louisiana.

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