Shell this week gave the gas-to-liquids (GTL) industry the news it has eagerly awaited since the Pearl GTL project was sanctioned in the summer of 2006: the first 70,000 b/d GTL train has ramped up to almost full capacity, proving that the technology works as intended, even at this huge scale. The company is now pursuing a GTL project in the United States, where low gas prices and an aversion to over-dependence on costly oil imports make the economics – and politics – of GTL look attractive.
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