Gas-to-Liquids: Time is of the Essence
Dr. Raj Shah - Koehler Instrument Company, Inc.
- Anson Law - Dept. Of Chemical Engineering, State univ. Of NY, Stony Brook
Gas-to-liquids (GTL) process is surfacing as a popular and viable method for producing liquid fuels with the current surplus of natural gas fields in the U.S. Compared to liquid fuels produced from crude oil, GTL fuels are superior in environmental friendliness and quality which is of paramount importance in today’s stringent environmental regulations. The problem lies in the unpredictability of available natural gas fields for upcoming years. Currently, small GTL plants are advantageous in every facet for exploiting stranded gas compared to large GTL plants which require heavy investments and large productions to be profitable. In this paper, we will dive into the current and future states of GTL and determine whether it is plausible for this process to be a viable and profitable alternative to crude oil.