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Old 11-05-2014, 07:15 AM
Sparty Sparty is offline
Join Date: Mar 2009
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Default Greyrock +ve Final Investment Decision for Small-Scale Gas-to-Liquids Production

Greyrock Energy, a company transforming natural gas into premium transportation fuels, today announced a final investment decision (FID) to deliver one of the world?s first small-scale Gas-to-Liquids (GTL) facilities.

Located near Houston, Texas the plant will be commercially operational by the end of 2015. Greyrock targets midstream operators and producers who can profit by transforming abundant, low-cost natural gas into higher-value transportation fuels without the costly, large-scale processes that are typical with traditional GTL solutions. The project is being funded by a consortium of investors led by Dallas-based Sterling Private Capital and Eagle Oil & Gas Co.

"Greyrock is proud to announce with our partners, the kickoff of one of the first small-scale GTL production facilities in the world," said Robert Schuetzle, chief executive officer, Greyrock.

"Greyrock has built a modular conversion platform that positions us to successfully deliver this facility and additional small-scale GTL systems worldwide." Read full article
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