The new GTL: Small-scale technology will propel GTL ahead

S. Golan, CEO, Primus Green Energy, Hillsborough, New Jersey The unlocking of shale gas reserves through horizontal drilling and hydraulic fracturing has stimulated interest in the oil and gas industry in GTL technologies. These technologies theoretically allow producers to transform the US’ newfound abundance of natural gas (for which prices have declined by approximately 70% over the past six years) into valuable transportation fuels. The interest is “theoretical” only because initial interest in GTL technologies is apt to fade in the face of the perceived expense, inefficiency and general impracticability. This reputation has come about because of the huge expense of GTL plants using th