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Mon February 6, 2012
Coal-To-Gas Plant In Discussions With National Lab
The head of a Texas company that plans to build a plant to convert coal to gasoline in Carbon County says discussions are still ongoing with Idaho National Laboratory about reviewing the project.
Robert Kelly is chairman of DKRW Advanced Fuels. He says Monday that he expects the laboratory review will take about 30 days once an agreement is reached.
DKRW last year asked Wyoming to purchase up to $300 million in industrial development bonds to help finance the $2 billion project. The state Legislature would have to authorize any investment above $100 million.
Kelly says the company doesn't intend to push for legislative authorization for the investment in the session that starts next week. He says lawmakers and Gov. Matt Mead may decide how they want to proceed.