Gas Technologies LLC Post Office Box 640 Walloon Lake, Michigan 49796 tel: 231-535-2914 | fax:231-535-2915 www.gastechno.

com

Gas Technologies LLC Product Data Sheet

GasTechno Mini-GTL and Small Scale GTL Plant

Monetizing Natural Gas with Methanol

Designed for the small scale conversion of natural gas, biogas, landfill gas, coal bed methane, etc. into valuable liquid products such as methanol and ethanol, the GasTechno Mini GTLTM plantprovidesasimpleandlowcostsolutionwithnoknowncompetitors. TheMiniGTLTMplantoperatesatanominalcapacityof200,000scfdbutcanacceptvariations ranging from 125,000 to 300,000 scfd. This scale of operation is unmatched in conventional GTL or methanol processes, where traditional technologies require minimum capacities of 50 mmscfdtobeeconomic,andnewmicrochannelreactortechnologyrequiresscalesexceeding 6mmscfdtobeeconomicallyviable. For larger applications, the GasTechno Small Scale GTL plant with a 5 mmscfd capacity, allows for unprecedented economic returns at a scale yet to be matched by the competition. The GasTechno platform is flexible, extensible and easily customized to integrate with existing naturalgassystems.

Figure 1. Layout of the GasTechno Mini-GTLTM Plant

Copyright 2012. Gas Technologies LLC Unique Design and Engineering services for Patent Licensing Technologies Involving Natural Gas Processes & Chemical Processing Plants

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Based on MMSA estimates using conventional methanol production technology versus GasTechno design claims, employing the GasTechno technology would place the user among the most competitive suppliers of methanol to Asia, on firm competitive basis.
Methanol Market Services Asia (MMSA)

Process Overview
The GasTechno process converts natural gas into methanol in a single, simple step. The patented process uses a proven, field demonstrated partial oxidation reactor system that is effective on high and low BTU gas. The carbon efficiencies exceed traditional FischerTropsch technologywithoutexpensivepretreatment,catalystsorcomplicatedprocessingsteps. The introductory MiniGTLTM plant further simplifies the GasTechno process by producing a raw blend of liquid alcohols. The alcohol blend is then refined at a central processing facility that services several local or regional MiniGTL plants. The MiniGTLTM plant is an industrial strength field processing unit that operates automatically, requires only minimal direct observation,andcanbeoperatedandmonitoredremotely.

Process Comparison
Processing Stage
Feed gas compression Gas pretreatment Gas reforming Partial oxidation reaction Process steam generation Syngas compression Fisher Tropsch synthesis Waste heat recovery Liquid separation CO2 scrubbing Cooling water system Gas recycling Product separation (distillation)

GasTechno
X Not required Not required X Not required Not required Not required X X X X X X

Conventional and Microchannel GTL

X X X Not required X X X X X Not required X X X

Capital Cost
Medium High High Low Medium Medium Medium Medium Low Low Medium Low Medium

Product Specifications
Gas Technologies provides complete engineering and design services to size and configure GasTechnoplantsandperipheralstomeettheneedsofyourapplication.
Mini-GTL Plant (200 mscfd)
Minimum: 125 mscfd Maximum: 300 mscfd Nitrogen/CO2 concentrations up to 25%

Small Scale GTL Plant (5 mmscfd)

Minimum: 3.2 mmscfd Maximum: 7.5 mmscfd Nitrogen/CO2 concentrations up to 25%

Variable flow rates and gas compositions

Production
Methanol: 420,000 gal/year (10,000 bbls/year) Ethanol: 63,000 gal/year (1,500 bbls/year) Formalin: 181,000 gal/year (4,300 bbls/year) Total: 664,000 gal/year (15,800 bbls/year) Methanol: 10,100,000 gal/year (240,000 bbls/year) Ethanol: 1,300,000 gal/year (31,000 bbls/year) Formalin: 4,600,000 gal/year (110,000 bbls/year) Total: 16,000,000 gal/year (381,000 bbls/year)

Footprint
90 ft x 70 ft

Less than 5 acres

this one step technology of converting natural gas to methanol, when verified for commercial readiness, will alter the technology view which currently exists in the major chemical and petroleum industry
Dr. Krishna K. Rao, Former Head of New Business Venture Technology (Process Division) & Technology Asset Manager, ExxonMobil Chemical

Next Steps For Early Adopters

On 31 December 2011, Gas Technologies announced three services offerings for oil and gas companies interested in evaluating the GasTechno platform Contact Gas Technologies for more information on participating in the Early Adopter Program.

Commercialization Economics
A complete GasTechno GTL plant can be scaled down to 1 mmscfd; the GasTechno MiniGTLTM plant can be scaled down even further, to 200 mscfd in which case final processing of the raw liquidproductisperformedatacentralprocessingfacility. Although the economic factors are positive at this miniscale, the presence of a central processing facility is necessaryfor final separation of the GTL product blend. Scaling uptothe5 mmscfdGTLplantsignificantlyimproveseconomicindices,asthefollowingfiguresindicate.

(CAPEX=$2million,oxygengeneratedonsite,pipelinegasspec)

(CAPEX=$26million,oxygengeneratedonsite,pipelinegasspec)

it is crucial to increase awareness of the need for economic structures that are more respectful of the environment and of future generations for me 'green economy' does not mean 'new conditionality' but rather 'opportunity' Joseph Deiss, President UN General Assembly

Table References
1Energy Information Administration. Natural Gas Futures

31Month NYMEX (Henry Hub) Natural Gas Price per MSCF versusGasTechnoProductPricing
1 Month 2 Nat Gas Henry Hub Methanex Reference Price (USD/G) Methanol Constituent (USD per Converted MCF) Conversion Factor 6.2Gal Per MCF. $3.72 $4.22 $4.46 $5.21 $5.89 $6.20 $6.82 $6.82 $6.82 $6.82 $6.82 $6.20 $6.51 $6.51 $6.51 $6.70 $6.70 $8.25 $8.56 $8.37 $7.94 $7.94 $7.94 $7.94 $7.94 $7.94 $8.56 $8.56 $8.56 $8.56 $8.56 $7.05 Formalin Reference Price (USD/G) 3 Formalin Constituent (USD per Converted MCF) Conversion Factor 5.1 Gal Per MCF. $2.45 $2.77 $2.94 $3.43 $3.88 $4.08 $4.49 $4.49 $4.49 $4.49 $4.49 $4.08 $4.28 $4.28 $4.28 $4.41 $4.41 $5.43 $5.63 $5.51 $5.22 $5.22 $5.22 $5.22 $5.22 $5.22 $5.63 $5.63 $5.63 $5.63 $5.63 $4.64 Ethanol Reference Price (USD/G) 4 Ethanol Constituent ($/Converted MCF) Conversion Factor 0.4 Gal Per MCF. $0.36 $0.41 $0.43 $0.50 $0.57 $0.60 $0.66 $0.66 $0.66 $0.66 $0.66 $0.60 $0.63 $0.63 $0.63 $0.65 $0.65 $0.80 $0.83 $0.81 $0.77 $0.77 $0.77 $0.77 $0.77 $0.77 $0.83 $0.83 $0.83 $0.83 $0.83 $0.68 Blended Value (USD per Converted MCF) Value Over Pipeline Price

Contract 1 (Dollars per Million BTU). (http://tonto.eia.gov/dnav/ng/hist/rngc1m.htm. Source key: RNGC. Release Date: 1/25/2012.
2Methanex Corporation. Monthly Average Regional Posted

Contract Price History. Methanex non-discounted reference price (MNDRP). (http://www.methanex.com/products/documents/MxAv gPrice_Dec292011.pdf)
3Formalin Reference price = (0.8) Methanol price 4Ethanol Reference price = (1.5) Methanol price

Jun-2009 Jul-2009 Aug-2009 Sep-2009 Oct-2009 Nov-2009 Dec-2009 Jan-2010 Feb-2010 Mar-2010 Apr-2010 May-2010 Jun-2010 Jul-2010 Aug-2010 Sep-2010 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 AVE:

$3.94 $3.55 $3.31 $3.46 $4.78 $4.63 $5.34 $5.60 $5.22 $4.30 $4.09 $4.16 $4.79 $4.59 $4.22 $3.90 $3.60 $4.04 $4.28 $4.50 $4.04 $4.07 $4.27 $4.34 $4.52 $4.35 $3.98 $3.85 $3.62 $3.56 $3.25 $4.20

$0.60 $0.68 $0.72 $0.84 $0.95 $1.00 $1.10 $1.10 $1.10 $1.10 $1.10 $1.00 $1.05 $1.05 $1.05 $1.08 $1.08 $1.33 $1.38 $1.35 $1.28 $1.28 $1.28 $1.28 $1.28 $1.28 $1.38 $1.38 $1.38 $1.38 $1.38 $1.14

$0.48 $0.544 $0.58 $0.67 $0.76 $0.80 $0.88 $0.88 $0.88 $0.88 $0.88 $0.80 $0.84 $0.84 $0.84 $0.86 $0.86 $1.06 $1.10 $1.08 $1.02 $1.02 $1.02 $1.02 $1.02 $1.02 $1.10 $1.10 $1.10 $1.10 $1.10 $0.91

$0.90 $1.02 $1.08 $1.26 $1.43 $1.50 $1.65 $1.65 $1.65 $1.65 $1.65 $1.50 $1.58 $1.58 $1.58 $1.62 $1.62 $2.00 $2.07 $2.03 $1.92 $1.92 $1.92 $1.92 $1.92 $1.92 $2.07 $2.07 $2.07 $2.07 $2.07 $1.71

$6.53 $7.40 $7.83 $9.14 $10.34 $10.88 $11.97 $11.97 $11.97 $11.97 $11.97 $10.88 $11.42 $11.42 $11.42 $11.75 $11.75 $14.47 $15.01 $14.69 $13.93 $13.93 $13.93 $13.93 $13.93 $13.93 $15.01 $15.01 $15.01 $15.01 $15.01 $12.37

$2.59 $3.85 $4.52 $5.68 $5.56 $6.25 $6.63 $6.37 $6.75 $7.67 $7.88 $6.72 $6.63 $6.83 $7.20 $7.85 $8.15 $10.43 $10.73 $10.19 $9.89 $9.86 $9.66 $9.59 $9.41 $9.58 $11.03 $11.16 $11.39 $11.45 $11.76 $8.17

Copyright 2012. Gas Technologies LLC Unique Design and Engineering services for Patent Licensing Technologies Involving Natural Gas Processes & Chemical Processing Plants

ENERGYEFFICIENTRECYCLE
DS-01262012