09.10.2008 - Is it the end of the line for coal-to-oil in China?
From China Daily: With just two exceptions, China has officially halted all of its coal-to-liquids (CTL) projects due to environmental and economic concerns. In a notice posted on its website on September 4, the National Development and Reform Commission (NDRC) said that, apart from two projects operated by the Shenhua Group, none could go ahead before receiving official approval, because CTL is "a technology-, talent- and capital-intensive project at an experimental stage with high business risks". The two Shenhua projects are one it has already launched in the Inner Mongolia Autonomous Region and an indirect coal liquefaction project in Ningxia Hui Autonomous Region jointly invested by Shenhua Group and South Africa's Sasol Limited..... Full Article: Source
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