In October 2008, Great Northern Project Development LP (“GNPD”) and Allied Syngas Corporation (“ASC”) completed their assessment of GTLE's technology including the upgraded lignite. A License Agreement was signed with both companies and they contributed cash to GTL Energy by way of purchase of options.
GNPD's affiliate is the USA's largest private owner of coal reserves and ASC has rights to the proven gasification technology. Together, they propose to develop the South Heart Coal-Hydrogen-Power Project.
GNPD and ASC selected the GTLE technology after undertaking a comprehensive world wide evaluation of beneficiation technologies.