Low Sulfur Petroleum Product News

ABS has now issued an Approval in Principle (AIP) for a second floating Gas to Liquids (GTL) concept and is currently involved with the review of several additional GTL concepts from leading energy operators. ABS provided its first AIP for a GTL concept (a floating production barge facility) in 2006. Since then, it has seen a steady increase in the number of requests it has received from designers for the review and preliminary assessment of proprietary technologies that have been developed for floating GTL facilities. The identity of the operator behind the most recent AIP remains confidential given the commercial opportunities this new technology may open up.