The surge in demand for oils produced from gas is expected to occur as companies seek to take advantage of the difference between the oil and natural gas price, ongoing discoveries of large natural gas reserves and the possibility of monetising associated and stranded gases.
The Gas-to-Liquids market is therefore forecast by Visiongain to record strong growth over the next decade, as the perceived risk of Gas-to-Liquids technology declines and the revenue streams the technology can create in the current energy trading climate are realised.
The lead analyst of the new Visiongain report entitled Gas-to-Liquids report commented: “Gas-to-Liquids facilities are becoming increasingly attractive as a consensus emerges that the differential between the gas and oil price will remain large beyond the medium-term. With inexpensive and plentiful gas, hugely significant revenue streams can be created as Gas-to-Liquids plants in Qatar are currently demonstrating.
“There is also justifiable and growing interest in small-scale Gas-to-Liquids technology monetising associated and stranded gases; this emerging sub-market will grow exponentially over the next decade.”
