stranded gas fields, page-2

How about some value adding .
Pyrolysis Project – University of Queensland: Eden has reached agreement in principle
with the University of Queensland (“UQ”) for Eden to take a licence from UQ over its 50%
interest in the patents and intellectual property developed by this project, to enable Eden to
progress its initial discussions with major overseas companies in relation to the up-scaling
and commercialisation of this exciting technology.
The aim of this patented process is to crack the methane molecules into hydrogen molecules
(which can be burnt as a fuel and produce no CO2) and carbon nanotubes from the carbon
(rather than producing CO2), which have enormous strength and can be used to produce
ultra-strong, extremely light weight composite materials as well as having very high
electrical qualities.
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These carbon composite materials can be used in place of steel, aluminium and tungsten in
many applications such as motor vehicles (such as is presently used in Formula 1 racing
cars), aircraft (such as Boeing is using on its new high efficiency ultra low weight
Dreamliner where 50% of its mass will be carbon composite materials) and building
materials, and apart from the obvious benefit of greatly reducing CO2 (with the potential for
significant carbon credits), the material has significant potential commercial value.
So ctp has the vast feedstock for these incredibly valuable futuristic materials which may be closer than we think.