Offshore gas

A substantial fraction of natural gas resources are located offshore, like oil. Most of these reserves have not been considered economically viable due to the cost and complex logistics of gas exploration, production, and in particular, transportation. Examples include the Gulf of Mexico, Leviathan in the Mediterranean, and the North Sea.

Problem

Transportation of gas from offshore reservoirs is either, in many cases, impossible, or requires huge investments, such as LNG terminals and cryogenic tankers, or gas pipelines. Both ways are economically unviable, very complex and hazardous in construction, operation and maintenance, and in the case of gas pipelines, sometimes physically impossible.

Solution

INFRA.xtl process provides a feasible and economically attractive solution, enabling compact GTL plants on the offshore platforms, converting gas into liquid synthetic oil and transporting it by common oil tankers. This lowers the costs of transportation and storage and makes significant positive impacts on a number of environmental issues.

  • gas
  • coal
  • bio

    • m³

    • btu

    • ft³

    • Annual gas flow
    • Annual gas flow
    • Daily gas flow
    • Daily gas flow
    • million m³
    • million m³
    • billion btu
    • million ft³

    2 000

    C1/C2+ gas ratio*, %

    • 40%

    • 60%

    • 80%

    • 100%

    Gas price

    NYMEX

    • per thousand m³
    • per thousand m³
    • per million btu
    • per thousand ft³

    100

    conversion

    $ 490 million CAPEX

    synthetic oil

    • tonnes

    • bbl

    • Annual capacity
    • Daily capacity

    800

    • thousand
      tonnes

    • barrels

    Annual gross margin

    $

    370

    million

    Oil price $ per barrel

    Oil price

    Brent price

    per barrel

    100

* The plant cost includes main and auxiliary process equipment of the gas reforming unit and Fischer–Tropsch synthesis unit, as well as other project costs. Calculation details

This Investment Calculator is for general information and illustrative purposes only and does not constitute an offer, inducement, representation, warranty or contract or serve as financial, investment or any other type of advice. The Company shall not be responsible for any loss or  damage of whatsoever nature (including consequential loss or damage) suffered or incurred, directly or indirectly, by the user or any other person resulting from access to, or  use of this INFRA GTL Investment Calculator or any information contained in it.