The agreement solidifies a key element of Cerilon's commercialisation strategy for its flagship GTL project, which will convert natural gas into high-performance synthetic energy products including Group III+ base oils, ultra-low-sulfur diesel, and naphtha. Under the terms of the agreement, Pembina will serve as the exclusive buyer for the offtake of all naphtha produced from Cerilon's North Dakota facility.
“This agreement marks a significant milestone in the development of our North Dakota GTL project,” said Ron Opperman, CEO of Cerilon GTL ND. “Pembina's extensive midstream expertise and market access make them an ideal partner to help ensure reliable offtake and distribution of our naphtha.”
Cerilon is establishing partnerships to deliver this GTL facility, which will be followed by replicated GTL facilities. Cerilon has selected a site in North Dakota for its first location and has secured key regulatory approvals for a two-facility development that leverages local infrastructure.
Pembina brings strong capabilities in liquids handling and market connectivity, which will support Cerilon in optimising product value while meeting growing demand for cleaner, more sustainable feedstocks for industrial applications.