SYNFUELS GTE TECHNOLOGYThe Synfuels natural gas conversion process forms ethylene that is optionally converted to gasoline blendstock. None of the FT processes makes ethylene as an intermediate and no commercial process makes ethylene from methane, making Synfuels International uniquely positioned.
For stranded gas and flare gas sources, the ethylene intermediate is not isolated because it often cannot be transported economically from the site where it is made. However, whenever natural gas is low or moderate in price and ethylene can be transported to a nearby market or conversion plant in pipelines, which is virtually anywhere in industrialized North America, ethylene is a more profitable choice. A chart of the Internal Rate of Return (IRR) follows for a typical 100 MMSCFD GTE Plant with respect to gas price.1 The chart shows that excellent returns can be achieved from a relatively small 100 MMSCFD Synfuels GTL plant even if gas prices were to climb from their currently long term projected price of $2.5/MSCF to $5/MSCF.
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