June 2002

Trends and Resources

HP Impact: Australia making crucial GTL decisions

Australia has declining crude production and rising demand. By 2005/6 the country will no longer be self-sufficient in transporting fuels, according to a recent analysis from Industrial..

Weirauch, Wendy, Hydrocarbon Processing Staff

Australia has declining crude production and rising demand. By 2005/6 the country will no longer be self-sufficient in transporting fuels, according to a recent analysis from Industrial Information Resources, Inc. (IIR). This would put the country in a strategically vulnerable position, increasingly dependent on OPEC imports and with a growing trade imbalance. Increased global interest in gas-to-liquids (GTL) production is driven by demand for cleaner fuels. The GTL process produces diesel with a very low sulfur content. A GTL plant project proposal from Sasol Chevron would produce about 30 thousand barrels per day (Mb

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