An easy half a million for what?
New Gas to Liquids Research Project – University of Queensland: Eden and UQ have
taken out a provisional patent application on a new simplified method of producing liquid
hydrocarbons and hydrogen from methane (natural gas), and have secured a $500,000
Australian Research Council Grant to fund a significant portion of the 3year project.
Preliminary indications are that the elegant new process has potential for production of both
ethylene (which is used in the plastics industry as a major feedstock) and liquid motor
vehicle fuel from natural gas, with highly encouraging economic potential particularly
related to stranded natural gas fields in remote locations.
CTP Ticks that box.
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