Gas-to-Liquids: A Promising Technology Rapidly Gaining in Worldwide Acceptance

GTL investment commitments by the world’s largest oil companies appear likely to expand significantly over the next decade. Virtually all major oil production companies including ExxonMobile, Shell, ConocoPhillips and Chevron have announced GTL programs that are either in place or soon will be in place. The Peninsula, Qatar’s leading English-language newspaper, reported in their May 24, 2006 online edition under the headline “Qatar enters energy big league, signals caution” a string of mega-projects to produce clean, liquid fuels from Qatar’s gas reserves — the world’s third largest.

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