- German firm GigaMethanol BV along with
Mozambican company Incitec Group have proposed to build a US$3.5
billion gas-to-liquids (GTL) plant in Inhambane, Mozambique.
- Economy of scale promises a significant
reduction inspecific investment cost
- The project was announced in Munich as
part of a presentation to the Mozambican Prime Minister, Aires Ali.
- Under the proposal, the companies would
utilize gas from the Pande and Temane fields to produce 3.5 million
tonnes per year (Mt/y) of methanol.
- Of that amount, 2.5 Mt/y would be
exported, 0.5 Mt/y would be transformed into gasoline and the
remaining 0.5 Mt/y would be used as raw material for solvent,
adhesive, glue and plastics production.
- Economy of scale promises a significant
reduction in specific investment cost compared to Mega Methanol
technology.
- Consisting of two trains producing 20000
ton methanol per day.Second train is a 100 percent copy of the
first, together with common utilities resulting in expected cost
savings of 30 – 40 percent for the second train
- Resulting in a yearly production of 7
million ton methanol, representing 15 percent of today’s world
methanol production.
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German Firm GigaMethanol Proposes GTL Facility in Mozambique
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