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JAPEX and other four Japanese companies have successfully produced
synthetic oil at Yufutsu GTL Pilot Plant of our original and
innovative process which utilizes carbon dioxide (CO2) in the
souce gas as a feedstock with the Japan Oil, Gas and Metals
National Corporation (JOGMEC) between 2001 to 2004.
In October 2006, JAPEX and other five Japanese companies established
the Nippon GTL Technology Research Association and begin demonstration
test project on technology to convert natural gas to liquid
fuel (GTL technology) in coordination with JOGMEC. We will test
GTL technology in a 500 bopd demonstration plant in preparation
for commercial scale plant and explore further scaling up toward
commercial capacity of several tens of thousands of bopd, developing
GTL technology that is technologically and economically competitive.
The process being developed in this GTL demonstration test project
is a groundbreaking technology that would for the first time
ever allow for natural gas containing carbon dioxide gas to
be used directly.
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Southeastern Asian countries such as Indonesia, Malaysia and
Thailand have gas fields that are rich in and are therefore
difficult to develop commercially. For instance, the Natuna
gas field in Indonesia has huge reserves of more than 200 TCF.
However, due to its high CO2 content (70%), the CO2 separation
cost is anticipated to have a major negative impact on the feasibility
of the development.
Our technology creates a possibility to help accelerate the
development of these gas fields which were once thought to be
economically unfeasible.
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DME is short for Di-Methyl Ether. DME is used for present points
of the sprays such as cosmetics and paints, especially the propellant
usage in Japan. Itself is similar to the LP gas, and commercialization
has already started as a complement of LP gas in China. DME
attracts attention as clean energy of the fuel usage etc. in
the future by an easily producible via methanol.
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In order to promote DME expected as the new
generation clean fuel, JAPEX and other eight companies established
the Fuel DME Production Co., Ltd. as a Joint Venture Company
for DME production, and to construct an 80,000T/A DME production
plant within Mitsubishi Gas Chemical Company Niigata Factory
(Niigata-shi). The plant operation is scheduled to start from
June 2008, and its production capacity is expandable to a 100,000T/A.
Japanese government has mentioned DME promotion to be an important
matter in their ‘Fundamental Energy Plan’, and has supported
technology developments for DME production and application.
We will be developing further promotion in line with this national
policy.
We will make efforts for future commercialization through promotion
activities to apply DME produced from this new plant to boilers,
power plants (including fuel cells), automobiles, etc.