BISMARCK, N.D. (AP) — A Canadian energy company has announced a plan to build North Dakota’s first factory designed to turn natural gas into liquid fuels.
Officials say it also will help curb the burning of the gas that’s a byproduct of oil production.
Cerilon Inc. says the $2.8 billion project in Trenton is intended to convert natural gas to fuels such as diesel.
Commerce Commissioner James Leiman says the state approved a $3 million loan for the project Thursday.
Leiman says the plant would employ “thousands” during construction that would begin in 2023 and about 100 people when completed in 2026.