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Hoeven seeks support for loan

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News Jamestown,North Dakota 58401 http://www.jamestownsun.com/sites/all/themes/jamestownsun_theme/images/social_default_image.png
Jamestown Sun
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Hoeven seeks support for loan
Jamestown North Dakota 121 3rd St NW 58401

U.S. Sen. John Hoeven, R-N.D., met with U.S. Department of Energy Secretary Ernest Moniz to seek support for securing a more than $1 billion Advanced Fossil Energy loan for the CHS proposed new fertilizer plant in Spiritwood.

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CHS corporate officials continue to review the status of the proposed $1.8 billion nitrogen fertilizer plant, according to previous reports in the Sun. CHS officials had planned to move forward with the project on April 1, but the decision was delayed after bids received from the contractor selected for the project were higher than expected.

“This is an innovative project that benefits our farmer, our environment and our economy,” Hoeven said in a prepared statement.

If built, the CHS plant would covert natural gas from the Bakken into anhydrous ammonia, which would be used as fertilizer. The project could create more than 2,000 construction jobs and 180 long-term jobs, according to information provided by Hoeven’s press office.

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