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Clean Global Energy in JV for $400M Underground Coal Gasification Project in China

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Ltd of Beijing, China (YSJY ), Inner Mongolia Gu Xin Mining Co. Ltd of Beijing, China (GX) and Goldbridge Clean Tech Energy of East Sussex, United Kingdom (GB) to undertake a US$400M commercial UCG (underground coalgasification) project on GX’s Inner Mongolia coal deposit. Underground coal gasification. Click to enlarge.

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China Moving Ahead with Shenhua CTL Project; NuCoal in Canada Focusing on CTL Gasoline Project

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The plant will be located in the northern area of Ningxia Hui Autonomous Region, with an expected price tag of $7 billion. The project is ultimately expected to convert approximately 3 million tons of coal annually to produce an output of 80,000 barrels of oil products daily.

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