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AUSTRALIA

Coal to methanol also on Altona's radar

WHILE its coal-to-liquids and power project at Arckaringa in South Australia is still the focus of Altona's joint venture with the China National Offshore Oil Company, a coal-to-methanol option may also be viable.

Noel Dyson
Coal to methanol also on Altona's radar

And it could add an extra 18% profit over the existing plan. Altona commissioned a technical feasibility study of the CTM option and found it could be a goer. The original CTL proposal was for a 45,000-barrels-per-day...

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