2524. ---------------. [OIL AND GAS JOURNAL.] Company Formed in South Africa to Make Petrol From Coal. Vol. 49, No. 26, 1950, p. 46. South African Coal, Oil & Gas Corp. has been formed in Pretoria to synthesize liquid petroleum products from coal. Erection of the plant, including O2 manufacture, gasification, synthesis, oil-treatment units, boiler houses, and other units, will be thrown open to private contractors’ bids. The Government has guaranteed up to ₤13,000,000 ($36,400,000). More than ₤20,000,000 is expected to be needed. The total to be used is that from the Vredefort district. Production from the plant is not likely for 3 yr.; initial output will include about 1,000,000 bbl. of gasoline per yr. |