It seems there isn't much that can't potentially be done with UCG. Syngas can be processed by separation and methanation to produce methane that can be used as would CSG. Also syngas can be used to produce nitrogen based fertilizer, diesel, a host of petro-chemical products and of course can be used to fuel turbines to generate electricty. Have a quick read of CXY's recent submission to the Qld Govt (ASX a few days ago).
CSG's current advantage over UCG is the acceptance that CSG is now "conventional gas" ... with an eye to the future and strong conviction I invest in both.
Cheers Dex
ESG Price at posting:
95.0¢ Sentiment: LT Buy Disclosure: Held
