Giga methanol technology

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  • German firm GigaMethanol BV along with Mozambican company Incitec Group have proposed to build a US$3.5 billion gas-to-liquids (GTL) plant in Inhambane, Mozambique. The project was announced in Munich as part of a presentation to the Mozambican Prime Minister, Aires Ali.
  • Under the proposal, the companies would utilize gas from the Pande and Temane fields to produce 3.5 million tonnes per year (Mt/y) of methanol.
  • Of that amount, 2.5 Mt/y would be exported, 0.5 Mt/y would be transformed into gasoline and the remaining 0.5 Mt/y would be used as raw material for solvent, adhesive, glue and plastics production.
  • Economy of scale promises a significant reduction in specific investment cost compared to Mega Methanol technology.
  • Consisting of two trains producing 20000 ton methanol per day. Second train is a 100 percent copy of the first, together with common utilities resulting in expected cost savings of 30 – 40 percent for the second train
  • Resulting in a yearly production of 7 million ton methanol, representing 15 percent of today’s world methanol production.

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