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Rentech, Forest Oil Encouraged by Results of GTL Plant Study
- Article from:
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Gas - To - Liquids News
- Article date:
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August 20, 2000
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Copyright informationCopyright Phillips Business Information Corporation Aug 20, 2000. Provided by ProQuest LLC. (Hide copyright information)
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The results of a cost estimate for a proposed South African 10,000- b/d GTL plant are in, and executives at Forest Oil Corp. and Rentech are pleased. "If we decide to monetize stranded gas from our offshore AK-1 discovery well, we are considering using GTL technology. We chose to investigate Rentech's process first, as we have been enjoying a working relationship with them for some time," said John McIntyre, vice president-international, Forest Oil.
In April, Forest purchased one million shares of Rentech and signed a MOU about purchasing site-specific GTL licenses from Rentech in the future (see GTLN, April 2000).
Intec Engineering, on behalf of Forest, contracted Jacobs ...
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