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GTL offers solution to gas flaring

COMPACTGTL is on track to supply Petrobras with a $45m, 20 barrels a day (b/d) pilot unit for processing associated gas into synthetic crude (syncrude) by the start of 2010, says chief executive Peter Riches. And, he adds, the Brazilian national oil company is likely to adopt the Fischer-Tropsch (FT) technology permanently. CompactGTL, a privately owned UK firm, claims its FT technology is a profitable way of dealing with associated gas that would otherwise have to be flared or reinjected. Associated gas is converted into easily exportable synthetic crude at the point of production. The equipment is being designed to fit on floating production, storage and offloading (FPSO) vessels. That, s

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