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In August, a groundbreaking ceremony was held in Ovadan-Depe near the capital of Ashgabad in Turkmenistan to launch the construction of a major plant focused on the conversion of natural gas into synthetic gasoline. and the Turkish contractor Rönesans Turkmen to engineer and construct the facility. —Bjerne S.
Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference.
Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. —Jay McKenna, Nacero President and CEO.
The gasoline synthesis from methanol has been commercially proven in a 15000-bpd plant in Turkmenistan since 2019. It will produce 200 million gallons per year of a carbon-neutral gasoline that can be used in today’s cars and gas stations with no modifications required. The HIF eFuels plant will be built in Matagorda County in Texas.
But EMIT has demonstrated another capability: detecting the presence of methane, a potent greenhouse gas. Methane is a potent greenhouse gas that is much more effective at trapping heat in the atmosphere than carbon dioxide. The cube (left) shows methane plumes (purple, orange, yellow) over Turkmenistan.
Coal’s market share of 30.3% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Gas production globally grew by 3.1%; the US recorded 7.7% World primary energy consumption grew by 2.5%
Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The Asian Development Bank (ADB) has approved a $240.3-million million loan to help Kazakhstan modernize its transport system.
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