PetroWorld Ltd., Foster Wheeler Power Systems Inc., Starchem Technologies International Ltd. and Waller Marine Inc. are developing what is claimed to be the world's first floating large..
PetroWorld Ltd., Foster Wheeler Power Systems
Inc., Starchem Technologies International Ltd. and
Waller Marine Inc. are developing what is claimed to
be the world's first floating large-scale, fuel-grade
methanol plant. The unit will be designed to extract natural
gas from reserves in remote areas and convert it onboard into
liquid methanol at a rate of 12,000 - 15,000
tons/day.
A primary market for the product is certain gas
turbine power plants in the US, where methanol would be an
alternative fuel. The $700 million plant will be deployed off
Africa's west coast and is expected to take three years to
build once
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