Synthetic fuels: Status of the Great Plains coal gasification project

Technical Report · Thu Jan 01 00:00:00 EST 1987

OSTI ID:5927699

Sponsors of the Great Plains coal gasification project in North Dakota defaulted on a federal loan in the amount of $1.54 billion. The Department of Energy has obtained title to the Great Plains project and is evaluating proposals from investment banking-type companies to assist it in selling the plant and its assets. This fact sheet highlights recent legal action concerning gas purchase agreements and mortgage foreclosure; the status of the project's sponsors' outstanding liability; DOE's progress in evaluating its options; revenue, expense, production, and plant employment data; capital improvement projects; and plant maintenance issues.

• Research Organization: General Accounting Office, Washington, DC (USA)
• OSTI ID: 5927699
• Report Number(s): GAO/RCED-87-90FS
• Country of Publication: United States
• Language: English

Related Subjects

01 COAL, LIGNITE, AND PEAT
02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
COAL GASIFICATION PLANTS
ECONOMICS
FINANCING
INVESTMENT
LEGAL ASPECTS
NORTH DAKOTA
COAL GASIFICATION
LIABILITIES
OWNERSHIP
PERFORMANCE
RISK ASSESSMENT
US DOE
FEDERAL REGION VIII
GASIFICATION
INDUSTRIAL PLANTS
NATIONAL ORGANIZATIONS
NORTH AMERICA
THERMOCHEMICAL PROCESSES
US ORGANIZATIONS
USA
010404* - Coal
Lignite
& Peat- Gasification
020700 - Petroleum- Economics
Industrial
& Business Aspects
294001 - Energy Planning & Policy- Coal
290200 - Energy Planning & Policy- Economics & Sociology