The Gas to Liquids Market 2011-2021

24 Nov 2011 • by Natalie Aster

The Australian GTL market is valued at $88m in 2011 and will grow at a CAGR of 11.8% between 2011-2016 to reach $153m in 2016 and 5.3% to total $198m by 2021. The overall CAGR will be 8.5%. The Australian GTL market is small but has potential to grow into one of the biggest, Visiongain predicts.

Australian Gas to Liquids Market Forecast 2011-2021 ($m, ARG %)

  2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Sales $m 70 88 107 130 137 145 153 159 166 175 185 198
ARG %   25.0 22.0 22.0 5.0 6.0 5.5 4.0 4.5 5.0 6.0 7.0

Source: Visiongain 2011


Australian Gas to Liquids Market Forecast CARG (%) 2011-2021, 2011-2016, and 2016-2021

  2011-2021 2011-2016 2016-2021
CAGR(%) 8.5 11.8 5.3

Source: Visiongain 2011

Report Details:

The Gas to Liquids Market 2011-2021
Published: November 2011
Pages: 183
Price: US$ 2,664.00

Report Sample Abstract

Expert Opinion: Syntroleum Corporation

Mr Jeff Bigger is the Senior Vice President of Business Development at Syntroleum Corporation. Mr Jeff Bigger was interviewed by visiongain in September 2011, and visiongain would like to thank him for his insightful comments.

Syntroleum Corporation Technology & Products

Visiongain: Could you introduce the company?

Jeff Bigger: Syntroleum Corporation is a petroleum technology development and licensing company. We have developed a proprietary synthetic fuel technology based on the Fischer-Tropsch process for the conversion of syngas into paraffinic hydrocarbons and the technology to convert the Fischer-Tropsch products into finished fuels including diesel and jet fuels. Syntroleum offers the complete scope of technologies from natural gas reforming, Fischer-Tropsch conversion and refining of Fischer-Tropsch products into finished fuels. We have developed our proprietary technology over the course of 20 plus years, taking it from lab-scale to pilot-scale to semi-pilot demonstration scale development.

Syntroleum Demonstration Plants

Visiongain: Is Syntroleum GTL technology in commercial use and where?

Jeff Bigger: We have a demonstration plant that has been relocated to China. The plant is operational after being reinstalled in a Sinopec refinery to convert syngas from gassified asphalt into Fischer-Tropsch products with a capacity of 100b/d.

As far as the Fischer-Tropsch process there are no commercial plants built. The technology that we have developed for refining the raw Fischer-Tropsch product has been built in Louisiana and is producing 5,000b/d. The technology was adapted for the application of hydroprocessing animal fats and vegetable oils into renewable diesel. We built this facility in partnership with Tyson Foods in our joint venture called Dynamic Fuels.

Leading Companies in the Gas to Liquids Market: The Two Market Leaders

Royal Dutch Shell plc (Shell)

HQ: The Hague, Netherlands

Shell is an international oil and gas company that operates it business in three segments: upstream, downstream and corporate. Shell explores for, and extracts crude oil and natural gas. It also converts natural gas to liquids to provide cleaner-burning fuels; markets and trades natural gas and power; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and develops wind power to generate electricity. The company also produces and sells petrochemicals to industrial customers, which are used in production of plastics, coatings, and detergents.

The company owns interests in approximately 30 refineries across the world, of these, 2 are GTL facilities. The Shell Bintulu plant in Malaysia and the Pearl-GTL plant in Qatar. The Malaysian plant has a capacity of 14,700b/d and produces waxes, chemicals and diesel. The pearl-GTL will produce GTL gasoil, kerosene, naphtha, normal paraffin and base oils for lubricants once fully operational in 2012. The Pearl plant shipped its first product in June 2011. Production is expected to be scaled up to reach the plants capacity of 120,000b/d of GTL products and 140,000b/d of natural gas liquids and ethane by end of 2012.

Sasol Limited

HQ: Johannesburg, South Africa

Established in 1950, Sasol is an integrated energy and chemicals company with international operations and multiple subsidiaries focusing on different segments of the oil and gas industry. Sasol is the leading provider of liquid fuels in South Africa and a major international producer of chemicals. The company manufactures more than 200 fuel and chemical products that are sold worldwide. In South Africa Sasol also operates coal mines to provide feedstock for its synthetic fuels plants. It operates the country’s only inland crude oil refinery. The group produces crude oil in offshore Gabon, supplies Mozambican natural gas to end-user customers and petrochemical plants in South Africa.

Sasol currently operates three GTL facilities, the Oryx GTL in Qatar and two CTL plants in South Africa that have been partially converted to use gas feedstock supplied from Mozambique. Sasol has been positioning itself in several gas rich markets in order to potentially exploit the resource through GTL

More information can be found in the report “The Gas to Liquids Market 2011-2021” by Visiongain.

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