CTL technologies have a long and distinguished pedigree – being initially developed in Europe during the first three decades of the Twentieth Century.
A wide spectrum of liquid fuels and other chemicals can be produced from coal - but these processes became uneconomic in the post-World War II era when large volumes of cheap crude oil from the Middle East and other oil producing countries entered the marketplace. Since then commercial interest in CTL has been sporadic and marginal in nature [primarily driven by energy security concerns and hikes in the price of crude oil].
The increase in the price of crude oil between 2005 and 2008 led to a new surge of interest and commercial activity. However, the collapse in the oil price between Summer 2008 and early 2009 – falling from US$147/barrel to below US$40/barrel caused many CTL projects to be abandoned or postponed.
In spite of this setback, the outlook for CTL in several parts of the world remains positive – with major production facilities undergoing construction and commissioning in China.
The recovery in global oil demand - as well as the peak production of light sweet crude oil in the next few years - will lead to an increase in crude oil prices and will also underpin the requirement for alternative fuel sources, which include CTLs.
This masterclass will examine the global developments and the future outlook for the production of liquid fuels and products from coal (coal to liquids or CTLs).
FOR A FULL PROGRAMME AND THE OPPORTUNITY TO REGISTER ONLINE VISIT:
http://www.smi-
Why should you attend?
Develop a detailed understanding about the technologies and the key drivers affecting the future development of the CTL sector
Gain valuable insights about the key players operating in the sector and their projects
Examine potential investment opportunities and challenges in the sector
High level contact with an expert speaker
Train your whole team
