Yes and Synenergy (ECLAIR Gas to Fuel) major holder is a Kuwaiti Oil company 'Aref Energy', allthough its company site claims to be holding 25% of Synenergy International currently a private company.
There are no other contracts or agreements with any other oil or gas majors concerning the new and proven technology. Definately a process to consider and watch out for, once some more companies begin utilising this technology.
Interesting reading thanks Billy. A little bit of a sideliner to Linc and UCG, both have the same objectives with GTL, but use both different feedstock and processes to deliver the final product. Also Synenergy International currently does not have any investment opportunities unless you buy international stocks and are able to purchase Aref Energy shares. I think they are only listed on Kuwaiti Stock Exchange, but dont quote me on that.
LNC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
