ReportsnReports: Gas-to-Liquids Processes for Chemicals and Energy Production
19-Apr-2012 | News-Press Release
Worldwide, natural gas reserves far exceed oil reserves. Indeed, at current consumption rates, the earth has about a 45-year supply of oil, compared with a nearly 1,000-year supply of natural gas. In many locales, though, natural gas is “stranded” and thus suppliers have limited markets. A key objective of gas suppliers is the development of processing and conversion technologies, such as gas to liquids, that would enable entry to the multitrillion-dollar market for chemicals and liquid fuels.
The gas-to-liquids (GTL) business is involved in the chemical conversion of stranded natural gas feedstocks to liquid products such as transportation fuels and chemicals. Insofar as beneficial processing of the world’s huge resource base of stranded natural gas is concerned, GTL processing is a relatively recent research and development (R&D) focus of the petrochemical industry. Development of commercial-scale GTL plants, utilizing stranded natural gas, is a relatively recent development, too. Hence, the need for this BCC Research report.
Liquid GTL products are primarily transportation fuels (and are defined as synthetic fuels, or synthetic fuels) and chemical feedstocks such as methanol, hydrogen, and other petrochemicals. As the terms are presently used in the petrochemical industry, “GTL” and “GTL products” refer mainly to the output of plants (or refineries) that utilize stranded natural gas as feedstock. For that reason, conventional production of chemicals, including high-volume methanol, typically via steam methane reforming (SMR) of nonstranded natural gas, is not a principal focus of this report.
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This report is divided into seven sections, assesses and evaluates the demand and costs of GTL in the chemical and energy production markets. It begins with an overview that describes the importance of the GTL industry in relation to the overall U.S. economy, including a brief history and important indications for the GTL industry. Major products and applications are reviewed, and key findings from the study are presented.
Major points covered in Table of Contents of this report include:
Chapter- 1: INTRODUCTION
Chapter- 2: SUMMARY
Chapter- 3: OVERVIEW
Chapter- 4: INDUSTRY STRUCTURE AND COMPETITIVE DEVELOPMENTS
Chapter- 5: GTL PRODUCT DEMAND FORECASTS
Chapter- 6: REGULATORY DRIVERS—THE MACRO ENVIRONMENT
Chapter- 7: RECENT SIGNIFICANT PATENT ACTIVITY
List of Tables
List of Figures
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