Technip-Coflexip has confirmed that the contract signed in January, with Oryx GTL for the design and construction of a gas-to-liquids (GTL) complex in Qatar has come into force.
Oryx GTL is a joint venture between Qatar Petroleum and Sasol of South Africa. Under the terms of this contract, worth about $675 million, Technip-Coflexip will carry out the engineering, procurement and construction of a GTL complex in Ras Laffan Industrial City.
This complex will use as feedstock approximately 330 million cubic feet per day of lean gas from the North Field to produce 34,000 barrels per day of liquids. It will be based on the Slurry Phase Distillate process developed and commercialized in South Africa by Sasol. Production of GTL is slated to begin late 2005.
GTL technology is a process for converting natural gas into petroleum products such as naphtha and diesel fuel. These fuels are very clean with effectively no pollution-causing sulphur or aromatic hydrocarbons. The high cetane number of the diesel fuel will help meeting future more stringent specifications. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
