Technologies that will help convert gas flares into liquid fuel being developed

The Oak Ridge National Laboratory stumbled upon an astonishing fact in 2005 and estimated that around 0.5% Co2 emissions are caused due to gas flaring. That’s not all; the energy produced during natural gas flaring is wasted. Jeff McDaniel, business development director for Velocys states that natural gas enough to actually power Germany is usually flared. However, companies like The Brazilian state oil company, Petrobras, are working on ways to utilize natural gas generated during offshore drilling. Natural gas unlike oil cannot be easily transported due to which it is flared instead. Compact GTL and Velocys are currently working on chemical reactors that will help turn gas into synthetic liquid fuel.

If all goes well, this technology being developed will help save a whole load of energy to be utilized in a better way.
[Treehugger]