The project would enable El Paso to replace its existing natural gas compression operations, reducing costs.
Oneok, based in Tulsa, Okla., said the acquisition would complement its existing natural gas assets.
"The technology is completely developed, and you can use existing natural gas storage infrastructure," says Kellner.
The plan is controversial, with critics questioning whether countries should be rewarded merely for protecting their existing natural resources.
The generator, which G.E. calls the H System, produces far less smog-causing nitrogen oxides than coal plants and some existing natural gas plants.
Governor Whitman and the other critics contend that existing natural gas supplies and pipeline systems are sufficient to satisfy present demands and future growth.
And many utilities, particularly in Europe and Asia, are locked into contracts with existing natural gas producers that could limit the opportunities for new entrants like American companies.
