Synthesis Energy Systems Announces Agreement for Feasibility Study With Ncondezi Coal Company
Under terms of the agreement, low volatile coal from Mozambique will be analyzed for its gasification characteristics. The study will also assess the economics of shipping the coal to major Asian countries, and subsequent conversion to substitute natural gas (“SNG”) by SES’s U-GAS® gasification technology. The study is expected to last approximately three months. Depending on the study results, the SRS joint venture and Ncondezi will negotiate the terms of a joint development agreement to facilitate commercialization of Ncondezi’s low volatile coal resources.
Read More…