FEED Study Commissioned for New GTL Plant
Primus Green Energy Inc. announces that along with a global petrochemical company as a joint venture partner, it has commissioned a Front End Engineering and Design (FEED) study with IHI E&C International Corp. for a first of its kind natural gas-to-gasoline plant in Texas.
The proposed joint venture plant will be a scaled-up version of Primus’ demonstration plant in New Jersey, which has successfully produced methanol and gasoline. The Texas plant will consume 28 MMcf/d of natural gas and produce 2,800bbl/d of gasoline, the company said.
“Primus is pleased to join forces with a strategic, large partner with significant experience in natural gas derivatives,” said Steven Murray, CEO of Primus. “We expect to follow this first project with several others in North America and prospectively worldwide.”
IHI E&C is an experienced contractor with relevant past projects in gas-to-liquids (GTL) and Steam Methane Reforming technology. “We are enthusiastic to participate in the much needed innovation to the gas value chain and look forward to working with such an accomplished team,” said Chris Celano, Chief Executive Officer of IHI E&C.
Koch Modular Process Systems, a supplier of modular plants to the chemical industry, has collaborated with Primus over the past number of years in the optimization of this technology. “We are excited to be in a position to continue our working relationship with Primus,” said George Schlowsky, President of Koch Modular.
The FEED study is expected to conclude mid-2020.
“Primus’ strategy is to build practical environmental solutions for natural gas that is currently being flared or otherwise wasted,” Murray said. “This project enables us to commercially demonstrate our technology, while opening the door for a range of future projects that support sustainability and zero routine flaring initiatives.”
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