Syntroleum, ELNUSA sign MoU on GTL facility development
Saturday, November 19 2005 - 12:10 AM WIB
US gas-to-liquid converter Syntroleum Corp. annouced Thursday that it had signed an MoU with PT ELNUSA, a subsidiary of the Indonesian state-owned company Pertamina.
The MOU establishes a joint study to identify suitable existing gas reserves for development of a Syntroleum GTL facility.
Jack Holmes, president and CEO of Syntroleum. "Our air-based technology is well suited for gas reserves in the 2-to-5 TCF range." (alex)