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NiQuan GTL will be located in Trinidad at the Pointe-a-Pierre refinery. It will have a 2,400 nameplate capacity with a product slate split approximately 80/20 between GTL fuel and GTL naphtha. The plant is about 90% complete and was acquired by NiQuan following a formal process after the initial project went into receivership.
NiQuan GTL will use Emerging Fuel Technology's fixed bed Fischer-Tropsch process.
NiQuan GTL will deliver a range of benefits to Trinidad and Tobago. These include:
- A practical demonstration of Trinidad and Tobago's ability to successfully develop and execute challenging energy projects involving innovative technologies.
- Clean, high quality fuel products which will benefit the consumer and the environment.
- Revenues to the National Gas Company (NGC) for natural gas purchases for the plant over the economic life (25 years) of the project.
- Remittances, tax and other statutory dues over the economic life of the project.
- Circa TT$800 million of new direct inward investment into Trinidad and Tobago.
- Circa 700 jobs during the construction phase (18 - 24 months).
- Circa 65 skilled permanent jobs plus additional supply chain jobs.