Citizens drops plan to use synthetic gas: Indianapolis utility says it can tap other suppliers and pay favorable prices

Citizens Gas has closed the valve on plans to buy synthetic natural gas from a $1.5 billion coal gasification plant slated for southwestern Indiana, leaving two other Indiana utilities as the initial customers. The Indianapolis gas utility attributed the pullout to the diversification of its gas supply since the Indiana Gasification LLC project was announced in October 2006. Citizens also signaled it would look at buying more supply through a gas purchasing authority it and two other municipal utilities created...

 

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