Rosneft To Implement Microchannel GTL For Its Refineries

Jul. 28, 2012 9:11 AM ETRNFTF, OXFCF
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Contributor Since 2010

long term investments in commodities and stocks. I don't trust the western financial media as they have become fascist master's playtoys.Snowden has proved me right. There is no rule of law in USA and USA is a banana republic

Rosneft is going to implement microchannel GTL for its Angarsk and Novokuibyshevsk refinery to implement APG(associated petroleum gas) utilization ,which has normally been flared in Russia.But to me,there's a bigger experiment here in my opinion .Rosneft is testing microchannel GTL tech.Russia has considerable interest in GTL plants,but due to the excessive costs of the Shell or Sasol technology they have balked at prospects for making investment's. If Microchannel technology turns out to be revolutionary and manages to reduce costs considerably,then expect Rosneft to have first mover advantage .Also Oxford Catalysts will considerably benefit if the technology proves to have considerably favorable economics.

2014-15 shall be a decisive time for Rosneft and Oxford Catalysts because if Microchannel GTL is successful ,then Rosneft could implement it on larger scale in Yamal peninsuala where the ultra cold temperatures make it very expensive for sending gas via pipelines.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Recommended For You

Comments

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.