New GTL Sweet Spot - North America

摘要

While GTL has largely been written off as uncompetitive with LNG in Qatar, it may be staging a comeback in North America - again in competition with LNG, but at an oil-to-gas price spread that strongly favors GTL, which could be sold at home in the US and Canada (WGI Jun.15' 11 ,p5). When US gas prices surged above $10 per million Btu in late 2005, Sasol and Royal Dutch Shell likely never imagined they would find North America an attractive locale for gas-to-liquids (GTL) plants. That was the year Sasol began work on the 34,000 barrel per day Oryx GTL project in Qatar. In early 2007, Shell moved ahead on Qatar's 140,000 b/d Pearl GTL complex.