South Africa's PetroSA suspends CTL plan

摘要

Cape Town, South Africa-PetroSA, South Africa's national oil company, has put on hold plans to build a coal-to-liquids plant in the country, saying its feasibility needed more study. The move came as PetroSA posted a record gain in revenues for the 2007-08 financial year of Rand 11 billion ($1.1 billion), up from Rand 8.9 billion in 2007, largely driven by high crude prices and a weaker rand.