HOUSTON--(BUSINESS WIRE)--ZeoGas LLC (ZeoGas), a developer of natural gas-to-gasoline projects, has entered into a license agreement to use ExxonMobil Research and Engineering Company’s (ExxonMobil) methanol-to-gasoline technology in the development of a natural gas-to-gasoline plant on the U.S. Gulf Coast.
ZeoGas is developing a portfolio of projects to convert natural gas to gasoline to take advantage of the abundant and relatively low cost of natural gas in North America. Coupled with the 5,000 tons-per-day of planned methanol production, ZeoGas will produce more than 16,000 barrels per day of ASTM-spec, 87 Octane gasoline with zero sulfur and about 50 percent less benzene than allowable standards.
“We are pleased with this milestone in our development. ExxonMobil’s proven methanol-to-gasoline technology is a critical element of our strategy to use only market-proven, production-scale component technologies, thereby eliminating the technology risk associated with many gas-to-liquids projects,” said Timothy D. Belton, founder and chief executive officer of ZeoGas.
ExxonMobil’s methanol-to-gasoline technology was first commercialized in 1985 by New Zealand Synfuels, a 14,500 barrel per day gas-to-gasoline plant in New Zealand. “Our methanol-to-gasoline technology is not only flexible and scalable, but it has also proven to be a reliable option for producing gasoline,” said Vince Alberico, manager of Technology Sales and Licensing at ExxonMobil Research and Engineering Company.
About ZeoGas LLC
ZeoGas is developing a portfolio of plants to convert plentiful and clean natural gas into gasoline, employing proven component technologies like ExxonMobil’s MTG and Air Liquide’s MegaMethanol® technology. Its management team represents over 100 years of direct experience managing complex organizations and the engineering, permitting, construction and operation of large-scale chemical processing plants. For more information, visit www.zeogas.com.
About ExxonMobil Research and Engineering Company (EMRE)
EMRE is the research and engineering arm of Exxon Mobil Corporation, a leading global oil, natural gas, and petrochemicals company whose subsidiaries have operations in nearly 200 countries and territories. Additional information regarding ExxonMobil and technologies it licenses can be found at www.exxonmobil.com/refiningtechnologies.