Ikelic - Alliance Digital Repository

STATUS OF OIL SHALE PROJECTS (Underline denotes changes since June 1994)
R&D PROJECTS (Continued)
Economic projections show that a $30 per barrel transfer price for raw shale oil could be paid bv a value-added venture, creating an
economic incentive for the production of the raw shale oil. The venture plans to purchase 5.000 barrels/day of raw shale oil and
produce a suite of marketable products averaging at least $78 per barrel. A 30 percent 1RR is projected on a $77 million invest
ment.
Proposed schedule includes feasibility R&D, pilot plant studies, and commercial production. The $2.25 million feasibility study
research will continue through mid-1996 and will include technical and market assurances of the conceptual plant. The $5 million
larger-scale pilot plant work and commercial venture planning will be completed by mid-1998. Commercial production is an
ticipated to begin in 2000.
Funding from the DOE. Occidental Oil Shale Company, the State of Utah, and internal sources have been received to pursue tech
nology and product development of the value-added products.
YUGOSLAVIA COMBINED UNDERGROUND COAL GASIFICATION AND MODIFIED IN SrTU OIL SHALE RETORT -
United Nations (S-335)
Exceptional geological occurrence of oil shale and brown coal in the Aleksinac basin has allowed an underground coal gasification
(UCG) combined with in situ oil shale retorting. Previous mining activities of Aleksinac brown coal and development of oil shale
utilization (see Yugoslavia Modified In Situ Retort-S-330, Synthetic Fuels Report, December 1990) served as principal support in
establishing a development project aimed towards application of a new process, i.e. combination of UCG and in situ oil shale
retorting to be tested for feasibility in a pilot UCG modulus. The project is a joint scientific and technological undertaking per
formed by Yugoslavian and American staff.
The objective of the approach is to develop a program to exploit the total Aleksinac energy resources to provide regional power
and heating for Aleksinac and surrounding area using UCG technology and combining it with modified in situ retorting of oil shale
as the immediate roof of the brown coal seam.
The development objectives arc also to recover energy from residual coal left after conventional coal mining and to develop UCG
technology and modified in situ oil shale retorting for Yugoslavian resources in general.
Project Cost: US$725,000
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SYNTHETIC FUELS REPORT, JANUARY 1995