Beulah, N.D.-Dakota Gasification Company recently made its final payment to the U.S. Department of Energy as part of a revenue-sharing agreement that ran through 2009. Dakota Gas paid an estimated $9.25 million to the DOE for 2009 as part of an asset purchase agreement signed in 1998. The $2.1 million payment made on Sept. 20 was the final installment for 2009. The company said the U.S. government has now recovered more than $1.2 billion of its $1.5 billion investment through revenue sharing, foregone production tax credits of approximately $754 million, and the initial purchase price of $85 million for the Great Plains Synfuels Plant by Basin Electric, the parent company of Dakota Gas. Basin spokesman Daryl Hill said the company has paid $390.9 million to the federal government since 1988. The company made an estimated final payment of $7.2 million in January. In addition to synthetic natural gas, the Great Plains Synfuels Plant in Beulah also produces anhydrous ammonia and ammonium sulfate fertilizer.
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