HOUSTON—Biofuels Power Corp. has signed a letter of intent withThyssenKrupp Industrial Solutions andLiberty GTL Inc. to build a small-scalegas-to-liquid demonstration facility in Houston. The parties haveestablished a non-binding target date to complete installation andcommissioning of the GTL Pilot Plant on or before Dec. 31,2014.
The purpose of the GTL Pilot Plant is to commerciallydemonstrate converting stranded natural gas resources to syntheticcrude oil. BFLS will operate the GTL Pilot Plant for the two-yeardemonstration.
ThyssenKrupp will provide technical services and contribute apreviously operating auto-thermal reformer pilot plant of provendesign, which will be used to generate synthesis gas feedstock forthe production of synthetic crude oil.
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