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Botswana to name developer of $4bn plant by December

Botswana Oil will choose by December a company to build and operate a $4-billion coal-to-liquids (CTL) plant, a facility it said may meet as much as 80% of the Southern African country’s fuel demand. The state-owned oil firm received 11 bids by its August deadline and is subjecting them to “highly technical assessments,” spokesperson Matida Mmipi said Monday by phone from the capital, Gaborone. She declined to name any of the companies competing for the tender.