UK & Thailand,
Evaluation and commercialisation of a technology which upgrades natural gas
Side-stream testing results expected by the end of 2008
UK based Oxford Catalysts, a spin off of Oxford University and catalyst innovator for clean fuels, has entered into a memorandum of understanding (MOU) with the Thai state controlled oil and gas company, PTT Public Company Limited (PTT) collaborating on the evaluation and commercialisation of a technology for upgrading natural gas. Since the importance of compressed natural gas (CNG) as a transportation fuel is rapidly rising in Thailand and other parts of Asia, Oxford says the technology will help support the region’s drive towards cleaner, sulphur-free fuels.
The chemical absorption (chemisorbent) technology is designed to remove impurities such as mercury and sulphur and has been tested against competitive materials in the laboratory. It will now be tested in two commercial side-stream units with results expected by the year end. If the testing is successful, the next stage will consist of an industrial scale field trial by PTT.
Upon success, the project will ultimately lead to the supply of materials for future commercial deployment, through a third party contract manufacturer, with expected revenue to Oxford Catalysts in the form of license and royalty payments.
Oxford Catalysts has identified, and is already working with, a major catalyst company as their partner for scaling-up manufacture of the materials for commercial deployment.
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