Entergy Gulf States Louisiana to Power Sasol's Ethane Cracker and Derivatives
Project in Westlake
New ethane cracker facility will add up to 200 megawatts of peak demand by
BATON ROUGE, La., Dec. 9, 2013
BATON ROUGE, La., Dec. 9, 2013 /PRNewswire/ -- Entergy Gulf States Louisiana,
L.L.C. signed a six-year commercial and contractual agreement with Sasol North
America, Inc., a wholly-owned subsidiary of Sasol Limited, to supply up to 200
megawatts of electric power to Sasol's proposed ethane cracker and derivatives
project in Westlake, La., beginning in mid-2015.
Sasol announced in December 2012 that it would begin front end engineering and
design (FEED) work for a world scale ethane cracker and derivatives facility
to be located near the town of Westlake, La. The estimated cost of the
facility is between US $5 – US $7 billion. It is currently envisioned that the
final investment decision for the ethane cracker will be taken in 2014 with
beneficial operation to be achieved in 2017.The ethane cracker is designed to
produce 1.5million tons per year of ethylene.
Entergy Gulf States Louisiana plans to upgrade its electric transmission
system to meet the increased demand the ethylene production facility is
anticipated to generate.
"We are excited to have been selected to play an integral role in this
significant project," said Phillip May, president and chief executive officer
of Entergy Gulf States Louisiana, L.L.C. and Entergy Louisiana, LLC. "Working
with Sasol to create the optimal solution to power the company's new Westlake
facility is one of the ways we are proud to be a part of supporting the region
– and Louisiana's – economic growth and vitality.
"Over the past several years in particular, Entergy has been working more
closely than ever with public and private partners and key multinational
companies like Sasol to custom-fit electric power solutions to business and
industry needs. This concerted focus is an important part of our commitment to
helping attract, retain and expand new business and investment in the state,
creating long-term opportunities for companies as well as the communities in
which they operate."
Entergy Corporation was once again recognized as one of the top 10 utilities
in North America by Site Selection magazine's September 2013 issue for its
work to support economic development. In its list of economic development
highlights from the previous year, Site Selection credited Entergy's work in
helping to identify eight certified sites in partnership with Louisiana
Economic Development. New civil engineering services have also made a great
impact on the team's level of service and quality of site evaluation.
Entergy's Louisiana utility companies provide electric service to more than
one million customers through the operating companies Entergy Louisiana, LLC
and Entergy Gulf States Louisiana, L.L.C. and natural gas service to more than
90,000 customers in the greater Baton Rouge area through Entergy Gulf States
Louisiana. With operations in southern, central and northeastern Louisiana,
the companies are subsidiaries of Entergy Corporation. Entergy, which
celebrates its 100^th anniversary in 2013, is an integrated energy company
engaged primarily in electric power production and retail distribution
operations. Entergy owns and operates power plants with 30,000 megawatts of
electric generating capacity, including more than approximately 10,000
megawatts of nuclear power, making it one of the nation's leading nuclear
generators. Entergy delivers electricity to 2.8 million utility customers in
Louisiana, Arkansas, Mississippi and Texas. Entergy has annual revenues of
more than $10 billion and approximately 15,000 employees.
SOURCE Entergy Gulf States Louisiana, L.L.C.
Contact: Molly Jahncke, Entergy Gulf States Louisiana, L.L.C., (504) 840-2599,
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