GTL technology augments gas production options

Natural gas (methane) converted to a liquid, primarily for fuel use, is being touted as a new option for accelerating exploitation of the world's natural gas resources, especially accumulations that are commonly termed "stranded," in the foreseeable future because of high development and transportation costs. Click here to enlarge imageThe new enthusiasm for converting gas-to-liquids (GTL) has been spurred on by recent advances in Fischer-Tropsch technology that promise reduced processing costs. This would make the produced liquids more competitive with petroleum-based fuels, as long as the feed-gas prices are relatively low and crude prices stay at or above the $18-22/bbl level. ARC...

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