Canadian firm reveals plan for $2.8B North Dakota gas plant
BISMARCK, N.D. (AP) — A Canadian energy company announced Thursday a plan to build North Dakota’s first factory designed to turn natural gas into liquid fuels, a move that also is aimed at curbing the wasteful burning of the gas that’s a byproduct of oil production.
Calgary-based Cerilon Inc. and Gov. Doug Burgum said the $2.8 billion project in Trenton in western North Dakota is intended to convert natural gas to fuels such as low-sulfer diesel and military-grade jet fuel.
North Dakota Commerce Commissioner James Leiman said the state approved a $3 million loan for the project Thursday.
The project would produce about 1 million gallons (4.5 million liters) of liquid fuels daily, officials said.
Read more: https://apnews.com/article/business-environment-and-nature-north-dakota-22d96f1ea2bc107742e7b68cab42433e