Hydrocarbon conversion is a process suitable for converting a variety of abundant hydrocarbon resources, including coal and petcoke into valuable liquid fuels, synthetic natural gas, chemicals and other market competitive alternatives to petroleum products. Hydrocarbon conversion is not new. The creation of syngas from gasification technology has ocurred since the mid 1800s when coal was converted into town gas. The technologies to further develop the syngas into higher value products such as gasoline, synthetic natural gas, methanol, ammonia, Fischer Tropsch liquids and specialty chemicals have been used in this country and other parts of the world for more than fifty years.
Viable Energy Alternatives
With worldwide demand for petroleum products outpacing supply, the time is right to expand the benefits of hydrocarbon conversion to the U.S. and other markets throughout the world. The technology is flexible. It can use various types of coal – sub-bituminous, bituminous, lignite and anthracite – as well as other feedstocks to produce a wide variety of products including ultra-low sulfur diesel, naphtha, kerosene, butane, propane, gasoline, jet fuel, natural gas, electricity and chemicals.
By providing market-competitive substitutes for petroleum products, hydrocarbon conversion can play an important role in restoring the balance between energy supply and demand to help hold down prices and greatly increase the energy security of nations that depend heavily on oil imports.