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Local natural gas to supply plant planned for Ashtabula County

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HOUSTON, Texas - A Houston based company plans to construct a facility near Lake Erie that will convert natural gas to liquids.

According to a news release, Pinto Energy LLC plans to build a 2,800 barrel per day (bpd) plant on the company's 80-acre industrial site east of Ashtabula, Ohio.

It will convert abundant low-cost natural gas from the Utica and Marcellus shale region, into high value specialty products, such as solvents, lubricants and waxes, as well as ultra clean transportation fuels.

The news release says that the state of the art GTL facility will create 30 new, direct, well-paying jobs, 400 temporary construction jobs, as well as result in the creation of an estimated 112 indirect jobs, to give a total of 542 local jobs.

Pinto recently filed the project's air and water permits, and is in discussions with regional economic authorities for further local support.

"Pinto is pleased to be joining the Ashtabula community," stated Guy Dove, Chairman of Pinto Energy. "By building one of the first North American GTL facility in Ashtabula County, Pinto is creating well-paying jobs and extending the benefits of increased domestic energy production to North Eastern Ohio."

North American natural gas production has increased significantly in recent years, leading to persistent low natural gas prices and an increase in gas conversion projects.

 The plant design is expected to be complete at the end of 2013, and Pinto is seeking to start construction in the first half of 2014. Mechanical completion of the plant is expected in late 2015, with start-up in early 2016.

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