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28/04/2016 - Voluntary Administration FAQs for ShareholdersShareholder FAQs
Yerostigaz, located in Angren, Uzbekistan, is the only commercial UCG operation in the world. Operational since 1961, Yerostigaz produces UCG synthesis gas to be used for power generation.
In 2007, Linc Energy acquired a 60 per cent controlling interest in Yerostigaz. Today, after further investment, Linc Energy now controls 91.6 per cent of Yerostigaz.
Since Linc Energy took a controlling interest in Yerostigaz, improvements to equipment and infrastructure have been made. Yerostigaz is a bench mark for other gasification proponents and continuously produces 1,000,000 m3 of synthesis gas per day from its coal reserves, which is piped to the nearby Angren Power Station. There is sufficient coal in reserve to continue this operation at current capacity for at least another 50 years.