Sasol Ltd. says preliminary findings of its detailed review of the Lake Charles, Louisiana, chemical project confirms that the estimated costs have increased from $11 billion from the original estimate of $8.9 billion, made in October 2014. The review involved verifying the details and quantities of approximately 60,000 individual line items, based on actual costs, detailed engineering, and benchmarking against other projects, as well as actual field construction productivity factors. An independent third-party review of the estimate has also been carried out.
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