$100m project to convert Louisiana methane reformer to GTL plant
05 September 2013 18:00 [Source: ICIS news]
HOUSTON (ICIS)--A dormant steam methane reformer in ?xml:namespace>Louisiana will be converted to a gas-to-liquids (GTL) plant that will produce waxes, drilling fluids, diesel and naphtha as part of a $100m (€76m) project, it was announced on Thursday.
The dormant facility in the Westlake area will be transformed by Juniper GTL, a joint venture of Portugal-based SGC Energia and US-based Great Northern Project Development.
When operational, the Juniper plant will produce 1,100 bbl/day of chemicals and transportation fuels, Juniper and Louisiana Governor Bobby Jindal said in a news release.
About 29 direct jobs and 112 indirect jobs will be created by the project, Juniper said.
The Westlake area is also the site of Sasol’s planned $16bn-21bn GTL facility and G2X Energy’s planned $1.3bn GTL plant at the port of Lake Charles.
“Louisiana continues to be at the forefront of next-generation energy solutions, and we are proud to attract yet another great foreign investment in this key sector of our state’s economy,” Jindal said.
“We found in Louisiana the business environment we needed for Juniper GTL,” said Juniper GTL president Vianney Vales. “We are also receiving excellent support from the state and local authorities on questions related to the environment, which is a priority for us. As a result, we secured the air permit for the GTL plant in July, which allowed us to break ground this month.”
The conversion of the facility as well as hiring for management is underway, Juniper said, with more hiring to come as the project reaches completion in early 2015.
($1 = €0.76)By: Jeremy Pafford+1 713 525 2653
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