The conversion of syngas derived from natural gas into liquid fuels such as gasoline and diesel is a possible method for recovering stranded natural gas reserves. Considering a conversion of 0.8 for a Feed based catalyst and an annual production of 1.4 million liters. Using the factorial method of cost estimation

 1. Estimate the investment cost of the project 

2. Determine the cost of producing a liquid product, $/l, if the natural gas is available at $1/30m³ .

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