«Problems of economics and management of oil and gas complex»

ASSESSMENT OF THE FEASIBILITY OF USING HIGH-OCTANE FUEL PRODUCTION TECHNOLOGIES

UDC: 330.15+553.048+665.7
DOI: 10.33285/1999-6942-2021-03(195)-13-16

Authors:

¹ National University of Oil and Gas "Gubkin University", Moscow, Russian Federation

Keywords: methanol, Gas-to-liquid (GTL), evaluation technology, economic analysis, associated petroleum gas (APG), sensitivity analysis, high value-added products

Annotation:

Methanol production is the oldest and largest gas-to-liquid conversion technology, which is used by a large number of operating plants around the world. This gas conversion trend is often used as a feedstock for other chemical substances. Methanol can also be further converted into dimethyl ether or synthetic gasoline for potential use as a liquid energy carrier/transport fuel. However, a growing proportion of methanol is eventually converted into liquid transport fuel or additive such as biodiesel and dimethyl ether. Thus, currently a significant proportion of methanol supply is used to produce liquid fuels and fuel additives, which reduces its use as a feedstock for producing chemicals for other purposes and increasing commercial, environmental and regional efficiency from the projects of utilization of oil production associated components.

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