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Refining and End Use Study of Coal Liquids. Topical Report - Option 1. Economic Evaluation.

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Bechtel

Table of Contents

1

Executive Summary 1

2

Background 1

3

Introduction 2

4

Case Studies 3
 

4.1

No Expansion vs Expansion Allowed 4
 

4.1.1

Description 4
  4.1.1.1 Case 1 - No Expansion 4
4.1.1.2 Case 2 - Expansion Allowed 4

4.2

Alternative Crudes 5
  4.2.1 Background 5
4.2.2 Alternative crude price determination 6
4.2.3 Direct coal liquid value 6

5

Conclusions 6