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Report: Chiyoda, Toyo Engineering To Build Pearl GTL Facilities In Qatar
30 July 2006
The Nihon Keizai Shimbun reports that Japanese engineering firms Chiyoda Corp. and Toyo Engineering Corp. have each won orders from the Royal Dutch Shell Plc group to build gas-to-liquid (GTL) production facilities for the Pearl GTL project in Qatar—one of the largest GTL projects currently planned.
Shell and partner Qatar Petroleum launched the Pearl GTL project—which is designed to produce 140,000 barrels per day of synthetic fuels and chemicals—earlier in the week. (Earlier post.)
The Japanese engineering companies are scheduled as early as Tuesday to sign contracts with Royal Dutch Shell for the orders, according to the paper. Chiyoda and Toyo Engineering are each teaming up with South Korean firms to fill orders to build separate portions of the facilities by 2010.
Chiyoda will work with Hyundai Heavy Industry to construct the gas processing portion, while Toyo Engineering is joining forces with Hyundai Engineering & Construction to build refining facilities. The Japanese are partnering with the South Korean companies, which have become a growing force within the field, in a effort to lower costs.
Chiyoda’s order is worth about ¥200 billion (US$1.8 billion), while Toyo Engineering’s is believed to total around ¥170 billion (US$1.5 billion), according to the report.
July 30, 2006 in Gas-to-Liquids (GTL) | Permalink | Comments (3) | TrackBack (0)
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Posted by: allen Z | July 30, 2006 at 01:23 PM
allen Z:
Would the existing xTL (as you put it) plants be able to easily convert to BTL?
Posted by: John Ard | July 31, 2006 at 08:24 AM
On the other hand, current natural gas/methane reserves estimates are less than a total of 900 billion crude oil gallon equivalent.
Seabed methane clathrate resources may be many times this, possibly exceeding the carbon content of coal resources.
Would the existing xTL (as you put it) plants be able to easily convert to BTL?
You may be able to reuse some components, but there are significant differences (reformer vs. gasifier, for example) and the GTL plant may not be located near the best biomass sources.
Posted by: Paul Dietz | August 03, 2006 at 02:24 PM
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All part of a general move to xTL. On the other hand, current natural gas/methane reserves estimates are less than a total of 900 billion crude oil gallon equivalent. In the short to medium term, it is feasible, but in the long term, they would have to switch over to BTL.