to make 'clean' diesel (clean being relative in this case). One company has developed a modification of the process to build small plants that can be located in remote locations to convert 'stranded' gas. That is, gas that is now burnt off. The company brief notes a potential of 1 M bbl/dy worldwide through conversion of this 'stranded' gas.
http://www.greencarcongress.com/2005/03/syntroleum_targ.html Company glossies:
http://www.syntroleum.com/media/brochure.pdf (.pdf)
http://www.syntroleum.com/media/Syntroleum_S2.pdf (.pdf)
Qatar is also moving heavily toward GTL.
http://www.eyeforenergy.com/news.asp?id=352 Personally, I think GTL makes a lot more sense than LNG for these remote gas fields that cannot be connected by pipeline to markets. GTL product, being basically fuel oil, can be easily and safely transported. LNG, on the other hand . .
The immediate energy shortage is going to be in liquid transportation fuels, and that is where we will need the methane. Home heating, through a comprehensive energy plan, can be transitioned to geothermal, which would permit use of electricity, generated by renewable sources where possible, for heating. Feedstock utilization of methane can be transitioned over time, in most cases, to other compounds.
A good overview on the capability of GTL and coal liquids to mitigate the coming liquid fuels crises is in the following report.
Peaking of World Oil Production: Impacts, Mitigation and Risk Management.
Hirsch, Bezdek, Wendling, February 2005
www.projectcensored.org/newsflash/The_Hirsch_Report_Proj_Cens.pdf (.pdf)
The study included liquid fuels development from coal liquids, GTL, heavy oil and enhanced recovery, along with vehicle efficiency measures. Speed of implementation of the modeled actions were as stated:
As a limiting case, we choose overnight go-ahead decision-making for all actions, i.e., crash programs. Our rationale is that in a sudden disaster situation, crash programs are most likely to be quickly implemented. Overnight go-ahead decision-making is most probable in our Scenario I, which assumes no action prior to the onset of peaking.The depressing conclusions of this report are as follows.
Because conventional oil production decline will start at the time of peaking, crash program mitigation inherently cannot avert massive shortages unless it is initiated well in advance of peaking.
Specifically,
* Waiting until world conventional oil production peaks before initiating crash program mitigation leaves the world with a significant liquid fuel deficit for two decades or longer.
* Initiating a crash program 10 years before world oil peaking would help considerably but would still result in a worldwide liquid fuels shortfall, starting roughly a decade after the time that oil would have otherwise peaked.
* Initiating crash program mitigation 20 years before peaking offers the possibility of avoiding a world liquid fuels shortfall for the forecast period.
Without timely mitigation, world supply/demand balance will be achieved through massive demand destruction (shortages), accompanied by huge oil price increases, both of which would create a long period of significant economic hardship worldwide.