Technical paper
Economic Alternative for Remote and Stranded Natural Gas and Ethane in the US
The recent abundance of natural gas in widespread locations of the US has resulted in many resources being remote or stranded, creating the need for economical options for moving those resources to market. In many cases the gas is ethane-rich resulting in a need for new ways to monetize an otherwise low value ethane product. The current market price for ethane, in particular, is well below historical values and projections for the future indicate that this market condition will persist. Synfuels International, Inc. has developed a process for converting natural gas and light hydrocarbons to a high value, easily transportable gasoline product and, thereby, substantially increasing the value of the product. The process has great returns with payouts of about 2-3 years for ethane and about 3-4 years for natural gas streams of 15 - 20 MMSCFD and larger. The process concept and economics will be discussed.
The recent abundance of natural gas in widespread locations of the US has resulted in many resources being remote or stranded, creating the need for economical options for moving those resources to market. In many cases the gas is ethane-rich resulting in a need for new ways to monetize an otherwise low value ethane product. The current market price for ethane, in particular, is well below historical values and projections for the future indicate that this market condition will persist. Synfuels International, Inc. has developed a process for converting natural gas and light hydrocarbons to a high value, easily transportable gasoline product and, thereby, substantially increasing the value of the product. The process has great returns with payouts of about 2-3 years for ethane and about 3-4 years for natural gas streams of 15 - 20 MMSCFD and larger. The process concept and economics will be discussed.