Steady growth forecast for US gas-to-liquids products

Click here to enlarge imageTotal production of gas-to-liquids (GTL) products in the US was estimated at a value of $92 billion last year and is expected to reach nearly $120 billion by 2004, says Business Communications Co. Inc. (BCC).That works out to a growth rate of 5.5%/year, notes the Norwalk, Conn., research analysts.Much of this growth, says BCC, is due to recent advances in GTL technology. The Fischer-Tropsch (F-T) reaction pathway-the main element used in GTL production-has undergone several significant improvements. Among those advances are those for reactor design; product recovery; and in the production of synthesis gas, which has enabled the economic use of natural gas feed...

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