Syntroleum to Build GTL Facility in Papua New Guinea

Tulsa-based Syntroleum Corp. will build a 50,000 barrel per day Gas-to-Liquids facility in Papua New Guinea.
This agreement, signed with Kuwait Foreign Petroleum Exploration Co., KSC, follows the formal statement of support for the GTL facility by the Right Honorable Sir Michael Somare, Prime Minister of PNG.
In his support letter to Syntroleum in early November responding to the feasibility study provided by the company, the GTL facility was granted priority status and designated as a lead project in PNG’s effort to create a domestic gas monetization industry utilizing a portion of its significant gas resources.
The plant will become an anchor facility in the newly created Konebada Petroleum Park near the capital city of Port Moresby. ?



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