First-of-Its
Kind Fuels of the future Report Provides Valuable Insights
into GTL Market/Products—Rising Cost
of Oil Spurs Worldwide Interest in GTL Production
MENLO
PARK, CA. June
22, 2005 —A comprehensive new report that
combines intelligence on catalysis and reactor design
with economic perspectives and market overview of the
production of synthetic fuels from natural gas using
GTL process technologies has just been released by
SRI Consulting.
The Fuels
of the Future study provides a single comprehensive
reference for scientists, engineers, program managers
and other policymakers engaged in R&D planning and
commercial feasibility studies of GTL projects. It
is also designed to serve as a valuable resource for
private industry, financial institutions, and government-led
development programs focused on scheduling the various
planning stages for development and execution of GTL
projects.
“The
rising cost of oil has sparked a renewed interest in GTL
production,” said Ronald Smith, SRI Consulting Senior
Consultant. “Fischer-Tropsch (F-T) GTL is poised
to become an increasingly important component of the world’s
energy supply as producers look to monetize ‘stranded’ gas
reserves that cannot be marketed with conventional pipeline.”
Divided
into eight sections, this first in a series of reports
on Fuels of the Future provides:
- An
overview of remote gas strategies
- A
global look at GTL technologies
- A
review of the current status of GTL projects worldwide
- A
profile of environmental and energy efficiencies for
GTL technologies
- Comparative
economics and financial sensitivities for current technologies
- A
projection of learning curves of recent developments
in catalysis and reactor designs
- Specific
suggestions of the future of GTL R&D and commercial
implementation
- A
summary of the markets, developments, technologies and
economics
Smith
said that the primary driver for future GTL project implementation
is anticipated positive economic returns, which are primarily
dependent on capital investment costs and the price spread
between natural gas feedstocks and the value of GTL products. However,
he added that a major selling point is that the F-T conversion
process also makes liquid fuels that are cleaner burning
and devoid of the chemicals that cause acid rain and soot.
To order
the report or for more information, call (281) 876-6916
or visit the website at www.sriconsulting.com/PEP/PEP/fuels.htm.
About
SRI Consulting
SRI Consulting
is the world’s leading business research service
for the international chemical industry. Publishing
continuously for over 50 years, SRI Consulting is the preeminent
source for in-depth supply/demand data, analyses and forecasts
offered in a variety of printed and electronic formats. This
report was developed by SRI Consulting’s Process
Economics Program (PEP), which provides in-depth, independent
technical and economic evaluation of both commercial and
emerging technologies for the chemical and refining industries.
SRI Consulting is a division of Access Intelligence, LLC. www.sriconsulting.com
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