The Gas to Liquids Industry and Natural Gas Markets
Abstract
Technological improvements and investment commitments from the world's largest oil companies suggest the gas to liquids (GTL) industry is likely to expand rapidly over the next decade. GTL uses large quantities of natural gas to produce liquid petroleum products like diesel fuel and home heating fuel. The GTL industry might become an important competitor to the liquefied natural gas industry (LNG) in the effort to secure natural gas supplies. As a result, LNG markets may be tighter, with higher prices, potentially altering LNG's projected role in the U.S. natural gas market.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 08, 2004
- Accession Number
- ADA472821
Entities
People
- Robert Pirog
Organizations
- Library of Congress