Around the world, gas-to-liquid plants are being built to convert natural gas to its liquid form, which is much easier to store and transport.
"Activity has picked up," says Bertol Olson, Energy practice leader for North America at Marsh, noting plans for the construction of new import and export facilities across the globe.
South African energy company Sasol, for example, is looking to build the first gas-to-liquid plant in the U.S. in Louisiana at a cost of about $20 billion, and the gas-to-liquids process is slowly gaining more momentum: Shell has a project in Qatar and is looking at another on the U.S. Gulf Coast. Other plants exist in Malaysia and South Africa.
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