CXY cougar energy limited

coal gasification

  1. 314 Posts.
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    Just pointing out that this is proven technology making CXY low risk.

    Artical in the http://www.petroleum-economist.com/default.asp?Page=14&PUB=46&SID=724693&ISS=25577

    THE COAL-gasification sector is set to bounce back following a slow-down in 2009 ? except in China, which saw a steady acceleration in development led by GE, Shell, Siemens and SES.

    There are around 70 operational coal-gasification plants in the world, including 30 in China and three in the US, but none in Russia or the Ukraine, which together have 21% of the world's coal reserves, most of it brown coal and lignite, not worth mining and transporting (see Figure 1).

    This "near-worthless resource" is ideal for gasification, says Alexander Gordienko, director of strategic development for coke and chemicals production at Ukraine's Donetsk steel plant.
 
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Currently unlisted public company.

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