Syngas’ overall strategy continues to be to establish an energy company by pursuing commercial opportunities utilising alternative energy production pathways to meet expected future increases in energy demand within global carbon emission management frameworks.

Through Syngas’ wholly owned subsidiary BioSyngas Pty Ltd (www.biosyngas.com.au), a primarily biomass feedstock based Renewable/clean power generation, supply and sale business was further developed during the year.

Several significant shifts are taking place in the Australian Renewable/clean power industry and in terms of power sales generally which underpin this shift in Syngas’ focus.

These significant market shifts and developments are leading to highly favourable shorter term business opportunities being created for Syngas to pursue within the current markets while the Company continues to maintain and consolidate its Coal to Liquid position and expertise.

Syngas has, during the year, also positioned itself favourably for future renewed interest in alternative oil and oil related product production pathways. It has done so by building on the Company’s past investments to develop  and further refine  a proprietary modular, fully integrated, ‘proven at scale’ equipment based design for a 3,600 barrels per day of oil equivalent Coal to Liquid (CTL) plant. Increasing yields, reductions in capital costs and potential production of a wider suite of higher value products are some of the improvements achieved.

 

 

Syngas...fuelling a cleaner, more secure Energy Future