Insight for Developments

Download Whitepaper : Development and Financing of Small-Scale Gas to Liquid (GTL)

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Download Whitepaper : Development and Financing of Small-Scale Gas to Liquid (GTL) Iyin Ajayi 9:15 pm

The demand for cleaner burning liquid and solid fuels has been increasing from the global issues of environmental concern. Gas-to-Liquid (GTL) is the technology that allows producers convert gas into liquid fuel, enabling it to be transported much more compactly, and hence more easily. GTL diesel, in particular, is ultra-clean, sulphur free with a very high cetane number of 75-80.
Nigeria had 201 trillion cubic feet (Tcf) of proven natural gas reserves in 2019, making Nigeria one of the largest natural gas reserve holders in the world and the largest in Africa but on the other hand Nigeria flared 7.83bcm of gas contributing about 5.2% of total gas flared globally in the same year, which, according to Nigeria National Petroleum Corporation (NNPC), costs the country billions of dollars in revenue.
In 2020, there was an increase in natural reserves from 201 trillion standard cubic feet (SCF) to 203.16 trillion SCF,
representing a marginal increase of 0.57% in one year.

This paper identified some of the numerous opportunities and prospects of GTL technology for Nigeria with reference to the World’s existing GTL plants.

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