Synthetic fuels company Oxford Catalysts has signed a tie-up with Russian oil giant Rosneft to help design and construct a gas-to-liquids (GTL) demonstration plant.
The plant, located in Irkutsk Oblast, just north of the Russian/Mongolian border will have a capacity of 10m cubic metres per year of natural gas, equivalent to approximately 100 barrels per day of synthetic crude.
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Roy Lipski, Chief Executive Officer of Oxford Catalysts pointed out: "With its vast reserves of natural gas and significant quantity of flared gas, Russia represents a major potential market for GTL"
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