Stranded offshore gas in remote areas of the world provides opportunities to develop new fuels for electrical power generation plants in developed countries. New gas to liquids (GTL) technologies are becoming available that permit the production of liquid fuels and their transportation to market at prices competitive with traditional technologies, such as LNG. GTL technologies that can produce large quantities of fuel (10,000 tonnes per day) are being designed for installation on floating offshore process vessels, having displacements over 300,000 tons. New, large capacity product tankers (up to 200,000 dwt.) are needed to transport product from FPSO's to new floating power generation facilities over 500MW capacity that are being planned for cities such as New York.
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