"Imagine ultraclean diesel fuel for markets around the world and a project to produce it that will help bring economic progress to Nigeria. Only it's not imagination — it's reality, and it's happening right now."

Olumuyiwa Agboola
Commercial Manager
Chevron Nigeria Ltd., Nigeria

• Professional: Chartered Accountant, University of Lagos (Nigeria); 26 years with Chevron.
• Personal: Writing and making improvements to his community.

Through our joint venture with Sasol, the South Africa-based pioneer of gas-to-liquids (GTL) technology, we are pursuing projects to turn natural gas into an ultraclean transportation fuel that can improve the performance of conventional diesel engines.

In Nigeria, the joint venture is providing management as well as operating and technical services for a 34,000-barrel-per-day plant under construction at Escravos. The project is a significant step toward realizing a cleaner environment for Nigeria, creating employment opportunities and generating revenue for the country, and delivering the promise of natural gas.

A Host of Opportunities

In 2005, the Escravos GTL project entered a $1.7 billion engineering, procurement and construction phase — a milestone for the year. We expect GTL diesel from Nigeria to be fueling cars and trucks in Europe by the end of the decade. In addition to Escravos, Sasol Chevron is pursuing other GTL opportunities. In Qatar, the company is evaluating a planned $6 billion slate of commercial-scale projects, and it is exploring GTL opportunities in Australia.