Here’s some exciting news. A Canadian-based company, Ainsworth Energy, is planning to build a C$1.9 billion (US$1.4 billion) gas-to-liquids (GTL) plant in Sarnia, Ontario. The plant will convert natgas into methanol, then convert the methanol into gasoline. Since Marcellus/Utica molecules flow all the way to Sarnia via the NEXUS and Rover pipelines, we think there’s a good chance our gas will help feed this plant.
