Polish firms to build $1.2 billion coal gasification project
Zaklady Azotow currently uses about 1 million cubic meters of natural gas per year to produce fertilizers. The new installation, which will take a coal feed of up to 1.3 billion tons per year, is expected to satisfy about 50% of the company's demand.
Coal for the installation will come from the Bogdanka mine, which produces about 5 million tons of coal per year. Recently, Zaklady Azotow and Lubelski Wegiel discussed prospects for the coal gasification project in order to cooperate in the area of coal processing for application in chemical production and power generation. The timeframe is about five years, and a project feasibility study would be prepared in coming months to determine details and financing.
Such coal gasification is one of the key projects included in Zaklady Azotow's business strategy for 2007-17, helping the company to diversify its supply raw material sources. The company has been the leader in Poland's fertilizers sector for more than 40 years and has products in the American market.
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BERLIN - German Chancellor Olaf Scholz has ordered the country's three remaining nuclear power stations to keep operating until mid-April, as the energy crisis sparked by Russia's invasion of Ukraine hurts the economy.
Originally Germany planned to phase out all three by the end of this year.
Mr Scholz's order overruled the Greens in his coalition, who wanted two plants kept on standby, to be used if needed.
Nuclear power provides 6% of Germany's electricity.
The decision to phase it out was taken by former chancellor Angela Merkel after Japan's Fukushima nuclear disaster in 2011.
But gas prices have soared since Russia's invasion of Ukraine…
