28 March 2024
GTL goes small-scale as oil prices challenge project economics
Publication date: 02 March 2017
Gas Strategies Group
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ISSN: 0964-8496
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Interest in small-scale gas-to-liquids (GTL) technology is growing as the first-ever commercial plant comes on stream and structurally lower oil prices challenge the economics of large-scale projects. Over the past five years, several proposed large-scale plants have been cancelled while hardly any new proposals have been put forward. By contrast, after years of development and hundreds of millions of dollars of investment, small-scale GTL is becoming a reality. Gas Matters examines why GTL is challenging the conventional wisdom that bigger is better.