Linc Energy & PT Sugico Graha sign agreements to develop commercial UCG projects
Linc Energy and PT Sugico Graha sign agreements to develop commercial UCG projects in Indonesia
PT Sugico Graha (Sugico) has been granted a license to use Linc Energy's proprietary Underground Coal Gasification (UCG) intellectual property throughout Indonesi' Sugico to pay a License Fee of US$17.5 million for the UCG license upon achievement of agreed milestones and an ongoing royalty for the synthesis gas produced by UCG Sugico plans to deploy UCG across its significant coal acreage, with initial projects planned for South Sumatra and South Kalimantan Read full release .pdf More at www.ucg-gtl.com |
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