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TEXACO GASIFICATION TECHNOLOGY SELECTED FOR ITALIAN POWER PROJECT FIRST PROJECT OF ITS KIND IN EUROPE

TEXACO GASIFICATION TECHNOLOGY SELECTED FOR ITALIAN POWER PROJECT
 FIRST PROJECT OF ITS KIND IN EUROPE
 WHITE PLAINS, N.Y., May 20 /PRNewswire/ -- Texaco Inc.'s Alternate Energy group announced today that its gasification technology has been selected by AgipPetroli SpA for the design of an integrated gasification combined cycle (IGCC) plant fueled by heavy petroleum residue to produce synthesis gas to be utilized in the production of electric power and hydrogen.
 The project is being developed by AgipRaffinazione SpA, a wholly owned subsidiary of AgipPetroli SpA, the largest Italian petroleum company, and will be located at AgipRaffinazione's refinery near Venice, Italy.
 The AgipRaffinazione project -- which is expected to be operational by 1997 -- is the fourth major Texaco gasification licensing agreement this year. Two projects -- to produce town gas, chemicals and fertilizer -- have been licensed in China, and Tampa Electric Company recently selected the Texaco Gasification Process for a 260 megawatt IGCC project in Florida.
 "We are pleased with the worldwide interest in Texaco's unique gasification technology," said David C. Crikelair, vice president of Texaco Inc. and head of Texaco's Alternate Energy and Resources Department. "This will be the first commercial IGCC project of its kind in Europe. Texaco is aggressively pursuing licensing and equity projects to utilize its gasification technology to improve the environment and expand cogeneration activities."
 The Texaco Gasification Process, together with a combined cycle power block, is considered an environmentally attractive method of generating electricity from hydrocarbon feedstocks such as coal, heavy oil, petroleum coke and other petroleum residues. Emissions of nitrogen oxides (NOx) and sulfur dioxide (SO2) are significantly lower than traditional processes. Also, because of its greater efficiency, this IGCC process emits less carbon dioxide (CO2) than other power generation technologies.
 Texaco's Alternate Energy group is directing an initiative to commercialize and license a number of technologies, including the Texaco Gasification Process. The Texaco Gasification Process is unique because of its ability to utilize different feedstocks to produce a clean- burning synthesis gas for use in the petroleum industry, chemical manufacturing and electric power generation.
 The Texaco Gasification Process is being licensed to AgipRaffinazione SpA by Texaco Development Corporation (TDC), the patenting and licensing subsidiary of Texaco Inc.
 -0- 5/20/92
 /CONTACT: Chris Gidez of Texaco, 914-253-6170/
 (TX) CO: Texaco Inc.; AgipPetroli SpA ST: New York IN: OIL SU :


SM -- NY046 -- 2285 05/20/92 11:07 EDT
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Publication:PR Newswire
Date:May 20, 1992
Words:394
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