Shale Oil Extraction Process
In the shale oil extraction process (US Patent 5372708) invented in 1992 by Moshe Gvirtz (also spelled as Moshe Gewertz) and promoted by Hom Tov, oil shale fine particles are slurried with waste bitumen and pumped through coils in a heater. Promoters of this process claimed that the process was profitable at the crude oil price of US$17 per barrel. The company also claimed that the technology was more efficient as it enables the oil shale to be processed at somewhat lower temperatures with the addition of the catalyzing bitumen, and more environmentally friendly than classical shale oil extraction methods. In 2006, in conjunction with announcing the planned partnership with Glazer, the company announced plans to build a full scale production plant in the Negev Desert south of Beer Sheba at Mishor Rotem. The Mishor Rotem plant would bring bitumen 80 kilometres (50 mi) by pipeline from the Ashdod refinery and return product along the same corridor.
Read more about this topic: A.F.S.K. Hom Tov
Famous quotes containing the words oil, extraction and/or process:
“Can he who has discovered only some of the values of whalebone and whale oil be said to have discovered the true use of the whale?”
—Henry David Thoreau (1817–1862)
“Logic is the last scientific ingredient of Philosophy; its extraction leaves behind only a confusion of non-scientific, pseudo problems.”
—Rudolf Carnap (1891–1970)
“When you start with a portrait and search for a pure form, a clear volume, through successive eliminations, you arrive inevitably at the egg. Likewise, starting with the egg and following the same process in reverse, one finishes with the portrait.”
—Pablo Picasso (1881–1973)