Linc Sells Option on UCG Fuel To BP
Posted by Big Gav in australia, bp, coal to liquids, ctl, linc energy, ucg
Bloomberg reports that Linc Energy is trying to fuel from its planned coal-to-liquids plant in South Australia to BP - Linc Extends Diesel Option With BP From Australian GTL Plant.
Linc Energy Ltd., an Australian energy company planning to convert coal into diesel, extended an option to sell fuel to BP Plc from its planned gas-to-liquids plant in southern Australia. ... The company plans to develop the so-called gas-to-liquids, or GTL, project in the Arckaringa Basin in southern Australia. The company acquired rights to explore the region, which may yield coal-seam gas, in June when it agreed to buy Sapex Ltd.