Gazprom develops its own synthetic liquid fuel technology

Gazprom develops its own synthetic liquid fuel technologyGazprom, Russia?s natural gas monopoly, is pushing its own technology to produce synthetic liquid fuels; the management is expected to strategize the project next year.

Gazprom, Russia?s natural gas monopoly, announced last week that it is pushing its own technology to produce synthetic liquid fuels. The management is expected to review results and strategize the effort next year. The current R&D is aimed at developing a technology that would require equipment manufactured at Russian mechanical engineering companies, Gazprom emphasized. The gas holding also underscored that synthetic liquid fuel production is one of Gazprom?s priorities in innovation. At the core of synthetic liquid fuel production is chemical conversion of hydrocarbon gases, such as natural, casing-head and others, into liquid hydrocarbons, for example, diesel fuel or synthetic oil. Raw materials for the production can come from Russia?s smaller natural gas fields, fields with declining production, as well as associated petroleum gas...