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Scaleable Solutions





In January 2007 California established the Low Carbon Fuel Standard. By 2020 the standard will reduce the carbon intensity of California's passenger vehicles by at least 10%. It is beyond doubt that GTL diesel offers better emissions performance than conventional fuels.
"PriceWaterhouseCoopers"

This high potential industry collectively faces one significant challange; the need to drive down capital and operating costs of GTL plants.
"The Petroleum Economist"

"Never before has humanity faced such a challenging outlook for energy and the planet. This can be summed up in five words “"more energy, less carbon dioxide"
Jeroen van der Veer, CEO, Royal Dutch Shell PLC, 2008

Today many important low-carbon technologies have higher costs than carbon intensive technologies, and, only through RD&D and market deployment will these costs come down. Some technologies needed to revolutionise the global energy system are still at the R&D stage while many others require further refinement and cost reductions to become fully commercial.
This sort of 'Clean Energy New Deal' not only generates economic growth in the short term, but it also will help us win the fight against climate change in the longer term.
Source: Tanaka, N., International Energy Agency, Ensuring Green Growth in a Time of Economic Crisis. The Role of Energy Technology, April 2009.

"The world's known Natural Gas reserves are greater than 4,500 trillion cubic feet (TCF) and are around 75% of the world's known Oil reserves when represented as an energy equivalent".

Around 50% of these gas reserves cannot be economically produced and are designated as "stranded". These huge reserves of natural gas remain trapped with limited local market and no pipeline infrastructure to ship it to larger economies. GTL technologies are being developed to convert some of these untapped hydrocarbons into a liquid form that is easier to transport. This process has already begun with the construction and operation of large plants producing more than a combined 170,000 BPD of GTL diesel in Qatar, Malaysia and South Africa.

The forecast rate of growth on the production of unconventional liquid fuels is many times greater than conventional fuels over the next 20 years. This industry is being driven by a “resource push” from resource owners as well as a “market pull” from markets anxious to improve supply of high-quality diesel and environmental drives to improve air quality in urban locations.

Wood Mackenzie estimates that $40billion will be invested in the GTL market over the next 10 years.

Gas2’s approach

However, it will not be these very large plants that will be the main focus for Gas2's technology solutions. Our technology is also suitable for much smaller applications.

Gas2 has already analysed the impact that a step change in efficiency could have in making the conversion of gas to liquid fuels and products, the technology of choice for gas associated with oil production and other problematic gas reserves. This will require much smaller, cost effective and flexible systems. Gas2's technology could be applied to re-injected gas, associated gas and small stranded gas fields.

According to the Petroleum Economist (2007), 12.5 trillion cubic feet of gas is re-injected annually and much of this is gas where there is a lack of viable alternatives for monetisation.

The World Bank (2008) estimates that 5.3 trillion cubic feet of gas is flared annually. This represents up to 3 % of total world gas production and the equivalent of France and Germany's total annual gas consumption.

There are also a number of other “clean technology” applications for which Gas2's technologies can be adapted.