Underground Coal Gasification - Gas To Liquids (UCG-GTL)
UCG-GTL is the "revolutionary" successful combination of two known processes, Underground Coal Gasification (UCG) and the conversion of the resultant Gas (Syngas) To Liquids (GTL). UCG and GTL processes have been extensively trialed and have been in commercial use in many countries for more than 50 years.
The Game Changer is the recent successful combination of the two processes by a small Australian company that has lead to previously stranded coal, either too deep or too remote to mine economically, being now both economically viable and environmentally friendly for energy extraction, with one ton of coal producing between 1.5 - 2 barrels of oil equivalent.
The Opportunity is that Australia has vast resources of coal, much of which was regarded as useless, that have now become a valuable, future, source of liquid hydrocarbons. The investment opportunities are just now beginning to be understood..... Consider the small by market cap (AUD$100m) Australian oil and gas exploration company that has just found several trillions tons of deep, thick, coal that is ideal for UGC-GTL with a train line to a port running through the middle of its leases....And how bright is the future for the company, that made the underground coal gasification - gas to liquids breakthrough, who have almost 1 billion tons (JORC) of coal in Queensland and several billion more in South Australia and is now taking its' expertise to China, India, America and Vietnam....
The rapid roll out of UCG-GTL will see Australia become a net oil exporter and a dominant, long term, supplier of ultra clean, relatively cheap, liquid fuels to Asia and pleasingly many of our Governments senior ministers "get it".
www.UCG-GTL.com is a new website and is part of Intaanetto.com's Alternative Energy stable of websites.
Chances are if you are interested in UCG-GTL you may also find several of our other sites useful including:
www.HotRockEnergy.com,
www.AustralianUranium.com.au,
www.Australian-Gas.com,
www.Australian-Lithium.com,
www.AustralianRareEarths.com
Alternative-Energy.com.au,
Alternative Energy.com.au/forums"
Please follow this link to see where we are going next and if you have an interest in helping with content or a JV we are interested in talking.