read the article below. everybody knows except you obviously.
Linc Energy has announced the success of gas generation and production, which confirms its position as a world leader in clean coal technology. Linc Energy’s team has successfully commenced production of Underground Coal Gasification (UCG) gas from Linc Energy’s newly constructed UCG field at its site in Chinchilla (Queensland, Australia). At approximately 11am on Friday, 31st August 2007, Linc Energy commenced flaring gas from its UCG Chinchilla site.
UCG gas out of the ground at Chinchilla is a major milestone in Linc Energy’s quest to produce a world-first UCG to CTL demonstration plant, and become a leading producer in ultra-clean diesel, jet fuels and power generation.
The UCG to CTL (Coal to Liquids) demonstration plant is currently under construction and scheduled to be commissioned at Linc Energy’s Chinchilla site late this year.
Linc Energy will continue to improve and adjust the current UCG operations over coming weeks to ensure the best quality of UCG (Syngas) is available to be used as gas feedstock into Linc Energy’s Coal to Liquids (CTL ) demonstration plant.
Linc Energy’s UCG team has been led by Oleg Krzyzanowski and Andrey Chernishov. Linc Energy’s own UCG team is not only responsible for the successful commissioning of the UCG gas field but also the design and construction overview of the UCG field as well. Brian Johnson, Chairman of Linc Energy said, “I believe this is a significant step forward for Linc Energy and its shareholders.
The production of gas from our UCG field in Chinchilla will allow Linc Energy to aggressively take the steps forward towards a number of commercialisation opportunities.” Linc Energy’s UCG Manager, Oleg Krzyzanowski said, “This is what we’ve been waiting for. This truly is the first step of a very exciting journey for Linc Energy and I’m very proud to be a part of it!”
LNC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
