CTP 1.96% 5.0¢ central petroleum limited

stranded gas fields

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    An easy half a million for what?
    New Gas to Liquids Research Project – University of Queensland: Eden and UQ have
    taken out a provisional patent application on a new simplified method of producing liquid
    hydrocarbons and hydrogen from methane (natural gas), and have secured a $500,000
    Australian Research Council Grant to fund a significant portion of the 3year project.
    Preliminary indications are that the elegant new process has potential for production of both
    ethylene (which is used in the plastics industry as a major feedstock) and liquid motor
    vehicle fuel from natural gas, with highly encouraging economic potential particularly
    related to stranded natural gas fields in remote locations.
    CTP Ticks that box.
 
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