re: Ann: Coal-to-Liquids Demonstration Plant ...
COAL-TO-LIQUIDS DEMONSTRATION PLANT OFFICIAL OPENING LINC ENERGY LIMITED (ASX : LNC) (OTXQX : LNCGY) officially opened its Chinchilla Demonstration Facility on Wednesday 22nd April 2009 with strong support from international project partners and Government representatives. Vietnamese Government Ministers and Vice Ministers, representatives from Japan’s Marubeni Corporation and business supporters from South Africa and the United States gathered in Chinchilla to mark the official opening of the world’s first Underground Coal Gasification (UCG) to Gas to Liquids (GTL) facility. “Linc Energy’s facility is truly unique; the only one of its kind, complete with UCG gas field, a Fischer-Tropsch (FT) GTL plant and an on-site, world-class laboratory,” said Linc Energy’s Chief Executive Officer, Mr Peter Bond. Attached to this announcement is a News Release from the Federal Minister for Resources and Energy, the Hon Martin Ferguson AM MP, regarding the official opening of Linc Energy’s Chinchilla Demonstration Facility. The official opening of Linc Energy’s Chinchilla Demonstration Facility attended by 200 supporters followed the day after the signing of the agreements to commence Stage 1 of the Red River Delta UCG project in Vietnam; a joint project with Linc Energy and its Vietnamese and Japanese partners, VINACOMIN, Song Hong Energy and Marubeni Corporation.
LNC Price at posting:
$2.30 Sentiment: Buy Disclosure: Held