GLG News by Council Members Knowledgeable about Gas to Liquid Technology

Exxon is moving systematically ahead with their PNG LNG project to be located near Port Moresby.  The FEED (Front End Engineering) has been completed and Exxon has shortlisted Bechtel and Chiyoda for bid on the EPC contract.  Construction is to start in 2010, and plant start-up is expected...

    The year-to-date and outlook for many of the items transported by the U.S. railroads are down, coal transportation has been positive.  The discussions that follows list some of the positives for the railroads.

    Coal companies have issued force majeure declarations to customers due to various production-related issues.  These are discussed in the section below.

EU realizes in the face of the global banking crisis and their success in intervention that present carbon-reduction targets may now not be affordable. 

    As the referenced article states, there are many benefits in the Emergency Stabilization Act for the coal industry.  One not discussed is the refund of the coal excise tax.  The commentary section discusses this.

    The Emergency Stabilization Act signed into law on October 3, 2008 includes an extension of tax credits for renewable energy and refined coal.  The discussion that follows includes items to consider regarding the refined coal tax credit.

Exxon's offshore LNG terminal, the world's first of it's kind, has been just located in the Adriatic 10 miles off Porto Levante, Italy for supply of  about 10% of Italy's natural gas requirements by 2009.  The design capacity of the terminal is 775 MMcfd of natural and will be delivered to...

    The D.C. Circuit Court of Appeals ruled on February 8, 2009 in favor of the plaintiffs that coal plants could not be removed from the list of mercury sources subject to a Maximum Available Control Technology (MACT) standard and the subsequent movements to require EPA to set a...

    The commentary section discusses the current market and outlook for coal railcars

    The fuel-switching from coal to natural gas affects the demand and price for each commodity.  The commentary below discusses what issues are part of the analysis of a utility or merchant fuel buyer on whether to switch fuel sources to fuel power plants.