Friday, May 17, 2024
Home Editorial Final rites to $4b WGTL scandal

Final rites to $4b WGTL scandal

Failed PNM project reduced to Pointe-Pierre scrap iron… By KEN ALI The shutdown of the failed NiQuan Energy plant is the final rites to the long-running World Gas-To-Liquids (WGTL) scan­dal that cost taxpayers some $4 billion. NiQuan’s debt for natu­ral gas purchases has added to the mammoth WGTL losses in one of the most outrageous…

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