Global energy infrastructure company acquires gasification business from major independent downstream energy company
Clients Global energy infrastructure company
Jones Day represented one of the world's most complete energy infrastructure companies in connection with its acquisition of the solids to gas technology business of a major U.S. independent downstream energy company.
The acquired technology converts coal or petroleum coke into gas, which can be used for power generation, or further converted to substitute natural gas, hydrogen, and downstream methanol-related chemicals production.
The business has in place licensing agreements to deliver up to 90,000 barrels per day of crude oil to refineries and other facilities in the United States.