One day - One News, One day - One Project

Email This Page

Methanol Holdings joins G2X Energy Lake Charles Methanol-To-Gasoline

MHTL and G2X Energy build Louisiana Big Lake Fuels

2B1st_Project_Smart_Explorer_Sales_Pursuit_ToolThe Swiss-registered Methanol Holdings Trinidad Limited (MHTL) has decided to join the Houston-based G2X Energy Inc. (G2X Energy) to build Big Lake Fuels LLC (Big Lake Fuels) project, a world-scale methanol-to-gasoline (MTG) plant at Lake Charles in Louisiana, USA.

With the main facilities in Point Lisa Industrial Estate in the natural gas-rich Trinidad and Tobago, MHTL ranks among the largest methanol producer in the world.

From its annual production of 4 million tonnes per year (t/y) MHTL is the first methanol supplier of methanol to its neighboring USA.

G2X-Energy_MHTL_Big-Lake-Fuels_Louisiana_Methanol-to-Gasoline_Project_mapEven if Trinidad and Tobago is one of the most competitive country to produce methanol, the development of the US shale gas represents a potential threat to all importers.

As the largest importing company MHTL is more exposed than any other to any potential emerging competition, unless to lead the development of this domestic production.

In that respect the G2X Energy Big Lake Fuels project represents a unique opportunity for MHTL to expand its foot print in North America.

For thirty years G2X Energy is using alternative technologies to the well-known Fisher-Tropsch principle to convert natural gas into liquids fuels.

Since the profitability of the gas-to-liquids (GTL) facilities is based on the gap between the gas price on the supply side and the oil price on the demand side, the US represents one of the best opportunity to invest in this sector.

Even with a barrel price at $40 this process remains attractive when the gas price stabilize around $5 per million BTU.

MHTL to control the whole gas-to-liquid value chain

With the Big Lake Fuels project, G2X Energy will convert natural gas into methanol.

Then with the agreement signed with G2X Energy, MHTL should purchase the entire methanol production from Big Lake Fuels to produce different grades of transportation gasoline.

G2X-Energy_Methanol-Holding_Trinidad_Big-Lake-Fuels_Louisiana_Methanol-to-Gasoline_ProjectTo be located close to gas pipelines connections, on the Calcasieu  Industrial Canal, the Big Lake Fuels facility will cover 200 acre.

Using Johnson Matthey Davy Technologies license, G2X Energy and MHTL should produce 1.4 million tonnes per year (t/y) of methanol in Big Lake Fuels plant.

In May 2014, G2X Energy received the air and construction permits from Louisiana Authorities.

On the marketing and distribution side, MHTL is partnering with the Southern Chemical Corporation (Southern Chemical) covering the western hemisphere in the sales of methanol and other chemicals.

Through the G2X Energy Big Lake Fuels methanol project agreement in Louisiana, MHTL will control the whole gas-to-liquids (GTL) value chain regardless the fluctuations of the crude oil price and shale gas price.

For more information about oil and gas and petrochemical projects go to Project Smart Explorer

2B1st_Project_Smart_Explorer_Sales_Pursuit_Tool

1 Comment to “Methanol Holdings joins G2X Energy Lake Charles Methanol-To-Gasoline”

  1. Hmm, Let’s see that after “Methanol Holdings joins G2X Energy Lake Charles Methanol-To-Gasoline” fluctuations are going to appear or down.

Leave a Reply

There are three major facts that should be watched out for in all payday loans in the United States. What makes Viagra Strips better than other forms of this medicine is its easiness of usage.