Economic efficiency of synthetic motor fuels from natural gas

In this paper we study alternative ways to meet the demand for motor fuels growing in connection with the inevitable rise in oil prices over the next decade or two. One of these is to use natural gas as a motor fuel and as a raw material for synthetic motor oils. Calculation results of the comparative effectiveness of the gas-to-liquids (GTL) technology of motor fuel production from natural gas are presented. It is shown that these technologies look economically promising in countries, which have their own sources of natural gas, especially in small and remote gas fields.