FuelCell Energy

(FCEL) - Get Report

signed a fuel marketing agreement with

Syntroleum

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(SYNM)

.

The agreement will enable FuelCell to buy and resell Syntroleum synthetic fuels to its customers and will allow FuelCell customers to buy synthetic fuel directly from Syntroleum or Syntroleum licensees.

FuelCell will have the option to purchase synthetic fuels from Syntroleum's planned Sweetwater Project under development in Australia. The option provides for up to 1,000 barrels a day of synthetic fuels for up to 10 years, in shipments of at least 30,000 barrels. Prices will be determined at the time of shipment.