In an effort to commercialize its proprietary technology for converting natural gas to liquids, Conoco said last week that it intends to build a $75 million demonstration plant in Ponca City, OK. The company said the economics of its gas-to-liquids (GTL) technology are often better than those of converting gas to liquefied natural gas (LNG).
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Conoco to Build $75 Million Gas-to-Liquids Demo Plant
In an effort to commercialize its proprietary technology for converting natural gas to liquids, Conoco said on Monday that it intends to build a $75 million demonstration plant in Ponca City, OK. The company said the economics of its gas-to-liquids (GTL) technology are often better than those of converting gas to liquefied natural gas (LNG).
May 15, 2001