AIDEA gives green light to $70 million loan for methanol plant to tap stranded North Slope gas

AIDEA gives green light to $70 million loan for methanol plant to tap stranded North Slope gas

The Alaska Industrial Development and Export Authority has finalized loan agreements providing up to $70 million in project financing for a groundbreaking energy facility on the North Slope, to be built by Alyeschem LLC. The facility will be the first of its kind in Alaska, producing methanol and ultra-low sulfur diesel from stranded natural gas […] The post AIDEA gives green light to $70 million loan for methanol plant to tap stranded North Slo…