Conoco unveils GTL research, development strategy

Conoco Inc., Houston, recently unveiled the details of a 2-year-long research project through which it is trying to develop its own gas-to-liquids (GTL) technology. Company officials are optimistic that their new approach to tackling to the old F-T process will pay off handsomely by driving down costs 20-40% and raising production levels in an arena featuring few players.

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