The key issue: Three out of four pilot projects in China for converting coal to SNG have racked up huge financial losses since going online. Their struggles are likely to scare off investment for the foreseeable future and thwart the Chinese coal industry’s long-term hopes for coal gasification.
Interfax Analysis: China’s National Energy Administration (NEA) surprised industry observers five years ago when it said it wanted to see the country produce 50 billion cubic metres per year of synthetic natural gas (SNG)...
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