
Enter Transgas ... a company developed to commercialize coal-to-liquids technology.
"We are dedicated to independence, and we have seen in the past 30 years the increase in American dependency on foreign oil,” he said. “To convert coal to gas, we have had the technology for quite a few years and have had the skilled labor for it; yet, for multiple reasons, they have chosen to ignore our country’s assets. This ends today in Mingo County,” said Adam Victor, owner and president of Transgas.
Victor joined local and state political and economic development leaders Monday for the groundbreaking and dedication of a state-of-the-art coal-to-liquids production facility in Mingo County.
The Adams Fork Energy plant will be located on a 300-acre former surface mine near Wharncliffe . Construction is expected to begin in July and be completed in 2015. It is expected to result in some 3,000 construction jobs during the construction phase, with 300 permanent direct and approximately 1,000 indirect jobs once production begins. The plant is expected to produce 6.5 million barrels (273 million gallons) of synthetic gasoline per year, by converting 2.7 million tons of coal per year. By comparison, the United States uses approximately 20.6 million barrels of oil per day. The project has been in the works for nearly seven years.