Gas-to-liquids (GTL) is poised to grow further as a gas monetization option in a “golden age of gas,” with vast resources and improved production methods, according to RasGas Managing Director Hamad al-Muhannadi. He told the World GTL Congress in Doha on 13-14 January: “With a promising future, many challenges lie ahead. The formula for the success of our GTL developments relied on several factors, all of which will still be relevant in the foreseeable future – sufficient gas resources, effective utilization and control of capex, a supportive country infrastructure and, of course, the required technology and know-how.”
Speaking on behalf of Qatar’s Energy Minister Muhammad al-Sada, Mr Muhannadi said Qatar has come a long way from the inception of its plan to develop a GTL hub. “Through two of the world’s largest GTL plants, namely the Pearl and Oryx GTL plants, Qatar in association with partners Shell and Sasol has achieved the vision of becoming the ‘GTL capital of the world’ and setting the benchmark for the GTL industry.” He said GTL products output from the two plants averages 170,000 b/d. (CONTINUED - 530 WORDS)
