China Invests in Ukraine Coal Gasification
Thanks
to a $3.65 billion deal with China Development Bank Corporation,
Ukraine will gradually work towards the gasification of coal to reduce
its dependency on natural gas by about 4 billion cubic meters, for a
savings of up to $1.5 billion. What this means, exactly, is that Ukraine
will develop and use modern coal-water slurry fuel technology and
construct new plants to gasify coal to allow it to reduce its
consumption substantially and increase gross volumes of internal
production. What’s it all about—Russia, of course. Ukraine…Read more...http://oilprice.com/Energy/Coal/China-Invests-in-Ukraine-Coal-Gasification.html
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