Methanol to Gasoline
The Methanol-to-Gasoline (“MTG”) process converts methanol into fully “drop-in” high octane automotive gasoline that can either be blended with conventionally derived refinery gasoline or used directly as a finished product.
The small footprint, moderate natural gas demand and low emissions profile make MTG plants easy to site and permit.
Considerably smaller in size, the MTG process can be built for significantly less cost than Fischer-Tropsch facilities and are far less complicated to construct. They are also easier to finance, faster to bring on line and easier to operate. Unlike some gas to liquid processes, the MTG process is highly efficient and produces exclusively simple, and highly marketable products.
ExxonMobil Research and Engineering Company (“EMRE”) is the research and engineering arm of Exxon Mobil Corporation, a leading global oil, natural gas, and petrochemicals company. EMRE’s MTG process was commercialized by Mobil Oil Corporation (one of the predecessors of the Exxon Mobil Corporation) in 1985 with the launch of 14,500 barrel per day MTG plant in New Zealand. The New Zealand facility was a technical and commercial success and operated at an on stream factor greater than 96%. G2X Energy and EMRE entered into a long-term agreement establishing terms for multiple licenses within North America for the MTG process.