Tuesday, January 24, 2012

CompactGTL and Natural Gas


Natural gas is also making progress as a viable replacement for petroleum in vehicles. CompactGTL, a company currently developing new technologies in the oilfield industry, announced that their revolutionary small scale modular facility for converting natural gas to liquid oil has just passed the PetrĂ³leo Brasileiro S.A. (Petrobras) test. This will make their technology closer to commercial introduction.

Liquifying natural gas is essential because it greatly reduces the volume, meaning more energy is transported with lesser space. This makes liquefied natural gas more efficient and practical to use. With CompactGTL’s small scale modular facility, liquefying natural gas can be done closer to distribution facilities making the cost more attractive to the consumers.

For more information, you may visit compactgtl.com.

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