Status of the Great Plains coal gasification project, May 31, 1984. [Mercer County, North Dakota]

Technical Report · Tue Sep 18 04:00:00 EDT 1984

OSTI ID:6336485

The Great Plains coal gasification project in North Dakota was 99 percent complete and essentially on schedule on May 31, 1984. Cumulative project costs were $164 million less than originally estimated for this date, primarily due to reduced material, interest, and subcontractor costs. On the basis of reduced energy price forecasts, Great Plains in September 1983 projected large after-tax losses and negative cash flows from plant operations. To alleviate these losses, Great Plains applied to the US Synthetic Fuels Corporation for additional financial assistance. On April 26, 1984, the Corporation outlined its intentions to award Great Plains up to $790 million in assistance. As of August 10, 1984, the Corporation had not finalized the Great Plains assistance agreement.

• Research Organization: General Accounting Office, Washington, DC (USA). Office of the Comptroller General
• OSTI ID: 6336485
• Report Number(s): GAO/RCED-84-85; ON: TI85900501
• Country of Publication: United States
• Language: English

Related Subjects

01 COAL, LIGNITE, AND PEAT
010404* -- Coal
Lignite
& Peat-- Gasification
015000 -- Coal
Lignite
& Peat-- Economic
Industrial
& Business Aspects
COAL GASIFICATION PLANTS
COAL MINING
CONSTRUCTION
COST
FEDERAL REGION VIII
FINANCING
INDUSTRIAL PLANTS
MANAGEMENT
MINING
NATIONAL ORGANIZATIONS
NORTH AMERICA
NORTH DAKOTA
PIPELINES
PROGRAM MANAGEMENT
SYNTHETIC FUELS CORPORATION
US ORGANIZATIONS
USA