Cerilon In Diesel Offtake Agreement For North Dakota GTL Project

Calgary, Alberta--(Newsfile Corp. - February 11, 2026)

Cerilon GTL ND Inc. ("Cerilon") is pleased to announce the signing of a definitive offtake agreement with a large North American fuel supply and logistics provider ("Offtaker") for ultra-low-sulfur diesel from its gas-to-liquids (GTL) project under development in Williams County, North Dakota.

Under the agreement, the Offtaker will purchase all of the diesel output from Cerilon's North Dakota facility, subject to customary terms and conditions.

The project will produce high-purity synthetic diesel, offering reduced emissions, enhanced fuel performance, and extended storage capability compared to conventional products.

This agreement is expected to support long-term fuel distribution and underpins the project's financial and operational stability. Cerilon now has binding offtake agreements in place for 75% of product volumes from the facility.

"This agreement marks a significant milestone for Cerilon and underscores growing market demand for lower-emission fuels," said Ron Opperman, CEO of Cerilon GTL ND.

"While the Offtaker's name is being withheld at this time for commercial reasons, their leadership, market position, and logistics expertise will ensure reliable delivery of our synthetic diesel to customers across North America."

Cerilon's flagship GTL project will convert natural gas into high-performance synthetic energy products including Group III+ base oils, ultra-low-sulfur diesel and naphtha.

Cerilon is establishing global, industry-leading partnerships to deliver this pioneering GTL facility, which is expected to 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.

The diesel Offtaker is one of North America's largest and most respected energy marketing and distribution companies.

Their unparalleled position in the North American market provides Cerilon with a trusted partner to offtake diesel from the North Dakota project for reliable and responsible delivery to customers across their extensive network.

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