$3.8 Billion Gas Refinery in the Works for Chetwynd

Nelson Bennett

Alaska Highway News, December 30, 2014

Exxon refinery smoke stacksOil refinery proposals face gas refinery competition: Local companies planning multibillion-dollar gas and methanol facilities in Chetwynd

Two “green” oil refineries proposed for the B.C. northwest coast may have some serious competition in Chetwynd: a refinery that would make gasoline from natural gas and hydrogen, not oil.

Juergen Puetter, president of Aeolis Wind Power Corp. and CEO of Blue Fuel Energy Corp., has been quietly assembling a multibillion-dollar, two-phase plan to build a gasoline refinery in Chetwynd, followed by a methanol plant a couple of years later.

“We have the land, we have the First Nations on board, we are in the middle of permitting,” Puetter said.

Photo: ‘Exxon Refinery‘ by Sean Marshall under the license CC BY-NC 2.0

Two “green” oil refineries proposed for the B.C. northwest coast may have some serious competition in Chetwynd: a refinery that would make gasoline from natural gas and hydrogen, not oil.

Juergen Puetter, president of Aeolis Wind Power Corp. and CEO of Blue Fuel Energy Corp., has been quietly assembling a multibillion-dollar, two-phase plan to build a gasoline refinery in Chetwynd, followed by a methanol plant a couple of years later.

“We have the land, we have the First Nations on board, we are in the middle of permitting,” Puetter said.

The company also has two former senior Methanex Corp. (TSX:MX) executives on board: Michael Macdonald, Methanex’s former senior vice-president of global operations, and Ron Britton, former senior vice-president, who is Blue Fuel’s new chief technology officer.

– See more at: http://www.alaskahighwaynews.ca/news/chetwynd/3-8-billion-gas-refinery-could-be-in-the-works-for-chetwynd-1.1699688#sthash.whPCuaVR.dpuf

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