Multi billion dollar investment. Lets hope the EPA doesn't lay down in the road.
The syngas process they cite is old gas phase high pressure temperature reaction chemistry that starts with the formation of two radicals from water. This is how methanol is made from natural gas. After that it is the stringing together of the carbon groups on the versatile alcohol molecule. For fifteen years I always thought a catalytic surface could stabilize the sythesis of the chains into liquid fuels.
When they put their minds to it, humans can do anything.
If you're just HALF AS SMART on this subject as you sound, I'll be "all ears" if you want to elaborate ..... even if its OT on this board.
As I understand it, Shell has thousands of patents on the process. I think they started building Pearl in 1996 and its running now with the capability of fueling 160,0000 cars daily, etc., etc.. Don't think its at full capacity yet.
Question: is this with diesel only?
Looks like the project cost them around $18 billion and employed as many as 52,0000 people.
Shell is a good steady divi payer that I'd be interested in at the "right price". A process like Pearl looks like frosting on the cake to me.
Wouldn't it be nice if our government partnered with Shell to build oh ...... let's say, five Pearls as quickly as possible (at the same time). Even at a 50% higher cost (inflation, USA, unions, etc.) $135 billion ..... a rounding error to Obama.
May I assume you work (or use to work) in the petrochemical industry?
I've wondered about many things over the past fifteen years but the development catalytic surfaces to stabilize the synthesis of hydrocarbon chains into liquid fuels wasn't one of them, LOL. Not something the average person runs into every day.
Just wondering whether or not you keep your ear-to-the-ground with respect to oil & gas production in general and have any thoughts on the current U.S. energy situation. Thanks.
Thanks for info, I bookmarked it for future reference.
I've never seen this before -- cool. Funny, we have to go to Qatar to see this technology at work. Our EPA would most certainly prevent such a facility from being built in this country. After all natural gas is one of those "evil" hydrocarbons causing global warming.
I'st rogluther, I'm trying to "figger" out how to get my true identiy back.
When looking at the link did you click on all the question marks for more detail?
There's lots more info at the Royal Dutch Shell site if you search Pearl. This facility is actually in production.
By the way RDS-B is an interesting stock that pays $3.36. I'm thinking of dipping in at the right price.