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GRI and IGT Form GTI
GRI and the Institute of Gas Technology (IGT) named their recently merged organizations the Gas Technology Institute (GTI) last week and formed a senior management team led by John F. Riordan, president and CEO. The research groups announced their merger in April, saying it was mainly an effort to reduce overlapping dues paid by their members and to combine the various strengths of the two entities.
"Our focus is still on technology related to finding, delivering and using natural gas," said Riordan. "But we are now a broader and deeper 'one-stop' technology organization, able to help a wider range of customers meet their technology needs."
GTI will continue to manage a cooperative R&D program for the gas industry through 2004, using funds authorized by the Federal Energy Regulatory Commission. On June 1, the company filed its application for a $70 million program in 2001 with the FERC. Final review of the application is expected in October.
At the same time, Riordan pointed out, GTI is also working to develop new business with individual companies and other organizations ready to invest in projects, products and services designed to meet their business objectives. Rocco Canonica
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