NiQuan Energy Signs Agreement to Purchase World GTL Assets

London, United Kingdom, July 13, 2016 --(PR.com)-- NiQuan Energy has signed a Sale and Purchase Agreement for the purchase of World GTL assets. The agreement is valued at TT $220 million and clears the way for the establishment of the Caribbean’s first Gas to Liquids (GTL) production facility. The facility will be the first commercial plant of its kind in the Western Hemisphere and will manufacture high value, ultra-clean, low emissions transport fuel as well as high quality chemical feedstock. Given the huge capital investment required for such plants, the industry is beginning to realise the benefits of smaller and medium scale production. Falling within the range of small-scale, NiQuan Energy’s facility will be the first of its size in the world making them the first to the market to tangibly demonstrate the economic viability of GTL at such an output volume. Furthermore, NiQuan Energy has also executed a professional and consulting services agreement with CH2M Hill, an award winning Colorado based engineering company, which will provide project management and owner’s engineering services.

(Source: NiQuan Energy, 31st May 2016, "NiQuan Energy signs agreement to purchase World GTL assets")

Against this backdrop, SMi is proud to announce that NiQuan Energy and CH2M Hill will be sharing case studies at the 19th annual Gas to Liquids conference, taking place on 12th - 13th October 2016 in London, UK:

David Small, Vice President Global Energy Services at NiQuan Energy, will be leading a Keynote Address at 09:50 on Day One titled "The importance of viability in small-scale GTL." His presentation will cover the following key points:

• An update on the GTL project
• Assessing the evolving GTL climate and innovative new players
• Future outlook for small-scale GTL prospects
Ramiro Rodriguez, Vice President at CH2M Hill, will be delivering a presentation at 13:20 on Day One titled "The challenge of being an owner’s engineer for a GTL project." His session will cover the following areas:

• Interface Management
• Logistics – Multi-country (USA and Trinidad)
• Alignment of Tools and Techniques for the Integrated Project Management Team
• Project Execution Strategy (from an owner’s perspective, not just the CH2M’s perspective)

SMi’s 19th annual Gas to Liquids conference will discuss how GTL companies can build robust strategies to work with the tumbling oil price and create effective alternative solutions that will enable them to reduce operating costs for a commercially viable project. The programme will have a special focus on small-scale GTL, giving you the chance to hear first-hand success stories from leading global GTL operators. The two-day event will provide the ideal platform to discuss with peers what companies need in place in order to overcome current challenges, with senior industry figures dissecting cutting edge topics on project financing, marketing of GTL projects and innovative alternative applications of GTL plants.

Speaker Panel includes:
• George Boyajian, Vice President Business Development, Primus Green Energy
• David Small, Vice President Global Energy Services, NiQuan Energy
• Mark Lappin, Director of UK and NL Exploration and Subsurface, Centrica Energy
• Ramiro Rodriguez, Vice President, CH2M Hill
• Toril Bosoni, Oil Market Analyst, International Energy Agency
• Neville Hargreaves, Business Development Director, Velocys
• Mitch Hindman, Licensing Manager, ExxonMobil
• Ed Osterwald, Partner, CEG Europe
• Rahul Iyer, Vice President of Corporate Development, Siluria Technologies
• Narsi Ghorban, Director, Narkangan GTL Company

To view the full speaker line-up and conference programme, visit http://www.gas-to-liquids.co.uk/prcom.

Plus, don't miss the interactive pre-conference workshop taking place on 11th October 2016:

The future for Gas-to-Liquids in a "lower for longer" oil-price world
Hosted by: Alex Forbes, Director, Forbes Communications
13:30 - 17:30