Zeus Intel
2014 GTL North America Conference:



Event Overview

DATE: JUNE 4-6, 2013


1100 Texas Avenue
Houston, TX 77002 U.S.A.

On June 4, we learn of investment opportunities to convert North American industry to natural gas. On June 5 & 6, we examine the latest plans to build new Fischer-Tropsch gas to liquids (GTL), natural gas to gasoline, fertilizer and direct iron reduction plants.  


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Sponsored by: BP    height=
Participating Organizations


Air Liquide

Alantum Europe GmbH

Albemarle Corporation

American Power Group, Inc.

Anadarko Petroleum Corp.

Anderson Global Industries


Applied Natural Gas Fuels


Baker & O'Brien

Baker Hughes

BCCK Engineering

Beard Construction

Black & Veatch

BNP Paribas


Calumet Specialty Products


Clariant International


Corser SAC


CRI Catalyst

Dart Energy Consultancy

Davy Process Technology Ltd.

Dougherty & Associates

E-MetaVenture, Inc


Emerging Fuels Technology

Enhanced Clean Fuels

ExxonMobil Research & Engineering

ExxonMobil Upstream Research

Gas2 Limited


GTL Solutions for America

Gulf Process Gases

Haldor Topsoe

Hatch Energy

Hayward Tyler


Johnson Matthey

Jupiter Fuels



L-Con Engineers & Constrctors

Lanza Tech NZ Ltd.

Leucadia International

Linde Engineering North America

Longbow Technology Ventures

MAN Diesel and Turbo

Marcellus GTL

Matheson Tri-Gas

McDermott International

McKinsey & Company

Membrane Technology & Research

Midrex Technologies

Morgan Stanley

MVS Consulting

Occidental Petroleum Corporation

Pillsbury Winthrop Shaw Pittman LLP

Potash Corporation


Precision Combustion

Primus Green Energy

Prometheus Energy

Red Mountain Energy


RTI International





Sempra Energy


Stabilis Energy

State of Louisiana




Third Planet Renewables

Triple Double Advisors




Ventech Engineers International LLC

Virent, Inc.

Waste Management GTL

XTL & DME Institute


Survey finds 24 natural gas-conversion projects under evaluation


Houston, TX – March 13, 2013: From its 2013 natural gas conversion survey, Houston-based Zeus Development Corporation has identified 24 projects in North America where developers have announced plans to convert gas chemically into one of six slates of products: methanol and gasoline (8 projects), nitrogenous fertilizers (6 projects), Fischer-Tropsch premium fuels (6 projects), direct-reduced iron (2 projects), syncrude (1 project), and ethanol (1 project).

The combined capital cost of the projects is estimated to approach US$60 billion. A summary inventory can be downloaded below.

“These are just the projects that have been announced publicly,” said Chris Cothran, energy analyst at Zeus Development Corporation. “Many more are under evaluation, but remain confidential.“

An abundance of shale gas in North America, estimated to exceed four quadrillion cubic feet of reserves, is attracting gas-conversion industries back to the U.S. and Canada. Developers such as Agrium Inc. (NYSE:AGU), Nucor (NYSE:NUE) and Royal Dutch Shell (NYSE:RDS) intend to bring processes that they have perfected overseas to gas-rich, industrial locations like Alberta, Louisiana and Texas. Some, like Methanex (Nasdaq:MEOH), the world’s largest methanol manufacturer, even intend to relocate established plants to North America. See http://goo.gl/xMm3i.

“The most investment capital we believe will be spent to build plants to convert natural gas into premium liquid fuels,“ Cothran said. “Two processes: one known as Fischer-Tropsch and the other from ExxonMobil, which converts natural gas to gasoline via methanol, represent 75% of the total US$60 billion investment.“

Click to download the Zeus Inventory of Proposed Natural Gas Conversion Projects.

Investing in North America's Conversion to Natural Gas

This one-day meeting in advance of the GTL North America conference is designed for investors considering opportunities to invest in North America's conversion to natural gas.  According to a report described in The Wall Street Journal on Feb. 28, U.S. natural gas production will accelerate over the next three decades.  The study, which was performed by the University of Texas and funded by the Alfred B. Sloan foundation, predicts that shale-rock formations will provide a growing source of moderately priced natural gas to North America through 2040 and decline only slowly after that.

As a consequence, entrepreneurs are increasingly devising and improving processes to convert natural gas to fuels and other products to be used by American industry.  The conventional wisdom is that shale gas, including its byproducts, ethane, propane and butane, are so abundant that prices will remain competitive to oil and coal for decades. New technologies to make products, such as diesel, gasoline, methanol, ammonia, ethylene, steel, CNG and LNG, from natural gas are proliferating.

This one-day meeting will examine this trend and offer presentations from a number of pioneering firms.  More than a hundred billion dollars of capital will be needed to build the infrastructure and commercialize the technologies if North America transitions large parts of its industry to domestically produced natural gas. Valuations of some large corporations like Agrium (NYSE:AGU), Chart Industries (NASDAQ:GTLS), Methanex (NASDAQ:MEOH), Nucor (NYSE:NUE) and Potash Corp. (NYSE:POT) have already surged. Smaller cap enterprises may follow.

Join us as we learn from presentations by respected analysts as well as entrepreneurs at the forefront of this trend. The day promises to be informative and enjoyable.

Seminar Objectives:

  1. Describe the impact of the latest shale gas exploitation on methane, ethane, propane and butane markets and how their abundance is creating opportunities for downstream investment.
  2. Quantify commodity price risks for natural gas prices relative to petroleum and coal over the long term.
  3. Review the rapid appreciation of such firms as Chart Industries (NASDAQ:GTLS) to draw insights into how to identify and participate in the growth of future investments.
  4. Review gas conversion technologies and markets to consider which offer the most valuable supply chains.
  5. Hear from senior executives of leading public and private firms competing to offer natural gas conversion solutions.

Program Outline:

  TUESDAY, JUNE 4, 2013  

7:30 AM
8:30 AM
Seminar Introduction, Day's Objectives and Agenda    
Bob Nimocks, president, Zeus Development Corporation  
Zeus will review day's objectives and agenda of conference.  
8:50 AM
North American Gas Supply Issues, Opportunities    
Ed Schneider, associate principal, McKinsey & Company  
Ed Schneider will describe why North America is poised to lead technological development and market demand for natural gas in the context of the shale and light tight oil renaissance. He will concentrate on economics relative to petroleum and assess gas as a long-term low-cost supply source. He will then review tactics the industry is using to create value in this environment: back-to-the-basic of operations, value chain integration, and capturing and busting bottlenecks.  
9:25 AM
Petrochemical Implications of North American Gas Developments    
Scott Andre, master expert, energy and chemicals, McKinsey & Company  
Greater supplies of associated byproducts, such as ethane, propane and butane, have come with increased shale gas production. These light hydrocarbons are ideal feedstocks for a number of base chemical and plastics manufacturing processes. Andre has been asked to describe how shale production is affecting the supply and demand balance of ethane, propane and butane, and reshaping how North American investors think about base chemical and refining industries.  


10:00 AM
10:30 AM
Insights from Chart Industries' Rapid Growth and Value Appreciation    
Gregory J. McKinley, senior research analyst, Dougherty & Company LLC  
Since 2008, McKinley has analyzed and reported on the performance and outlook for Chart Industries (NASDAQ:GTLS), a manufacturer of process equipment, much of it used with natural gas. The company's stock price has grown tenfold in value since early 2009. What indicators pointed to this success? What lessons can investors draw to evaluate future small-cap enterprises? McKinley has been asked to address these questions.  
11:00 AM
North America's Gas Conversion Opportunities    
Chris Cothran, analyst, Zeus Development Corporation  
More than 20 new American infrastructure projects propose to convert natural gas into high-value products, such as gasoline, diesel, steel, methanol, fertilizer, etc. Some, backed by major oil and chemical companies, will require more than $20 billion in capital investment. All told, developers intend to raise more than $100 billion. Cothran, lead syngas analyst at Zeus, will trace market development, identifying opportunities and challenges as it attempts to accelerate.  
11:30 AM
Natural Gas Fueled Transportation    
Tom Campbell, manager, Zeus Development Corporation  
Greater than ever, infrastructure is being built to fuel heavy duty transportation with natural gas, both CNG and LNG.  Campbell, the lead LNG fuel analyst at Zeus, will review the market, identify pureplays, and discuss some of the early-stage investment opportunities.  

12:00 PM
1:15 PM
Lyle Jensen, CEO, American Power Group, Inc. (OTC:APGI)    
  American Power Group is leading the market to convert large stationary engines, which power drilling rigs and hydraulic fracturing pumps, to dual-fuel natural gas and diesel. The firm intends to apply its EPA-certified technology to the larger, but more slowly developing heavy-duty trucking industry.  
Jim Aivalis, CEO, Prometheus Energy (owned 50/50 by Shell Technology Ventures Fund 1 B.V. and Black River)    
Prometheus Energy is one of the largest and fastest growing suppliers of LNG to North America's industrial sector. The company provides turnkey fuel solutions to convert industrial users of diesel, propane and other crude-derived fuels to LNG.  
David Kailbourne, CEO, REV LNG (privately owned)    
Pennsylvania-based REV LNG and partner, Hoopes Transport, have elected to enter the LNG and CNG fuel supply business after converting about a third of Hoopes' fleet to LNG. The firm is investing in a network of mobile fueling stations to assist truck fleets in the Marcellus Basin to convert to natural gas.  
Cem Hacioglu, CEO, Applied Natural Gas Fuels, Inc.  Cem Hacioglu  
In April, Applied Natural Gas Fuels announced plans to add a second production train at its Topock LNG Plant by July 2014.  Westlake Securities, LLC, a middle-market investment bank, announced in September the completion of a debt and equity placement for ANGF to refinance existing debt and expand the Topock production capacity.    

3:00 PM
3:30 PM
MODERATOR: Kamlesh Vakil , independent process consultant formerly with Chevron Texaco, Houston    
  Kam Vakil will moderate the investing in gas conversion discussion panel. He has more than 40 years experience in business, process, operation and project engineering as director with extensive interface with cost, schedule and equipment design.  
Rajesh Suri, president and director, Emberclear Corp. (TSX Venture Exchange:EMB)    
Calgary-based Emberclear with operations headquarters in Houston develops gas to liquids (GTL) and gas-fired power plants. The company is developing projects in the Marcellus and U.S. Gulf Coast natural gas corridors.  
David C. Loring, president & CEO, GTL Solutions for America (privately owned)    
David Loring is a co-founder of GTL Solutions for America, a corporation formed to capitalize upon the extraordinary opportunities created by America’s natural gas boom. Formerly, he was a co-founder of World GTL Inc, which built the first commercial GTL plant in the Western Hemisphere (Trinidad). Previously, Mr. Loring was senior international counsel for the Atlantic Richfield Company.  
John Kopfle, director, Midrex Technologies, Inc. (Kobe Steel subsidiary)    
For the first time in about 20 years, plans are underway to construct new ironmaking plants in America. They will be fueled with natural gas, using the “direct reduction” process to produce direct reduced iron (DRI), which is an ideal feedstock for electric steel mills. Charlotte-based Midrex supplies direct-reduction technology, capturing a 60% share of global DRI production. The firm is also exploring GTL opportunities using their unique stoichiometric CO2 MIDREX® Reformer.  

5:00 PM

GTL North America

The number of natural gas to liquids (GTL) projects in North America is expanding rapidly as consumers grow more comfortable that gas will remain price competitive to oil and coal for decades. Companies such as CompactGTL, EmberClear, Gas-2, Lanza Tech, Nucor, Oxford Catalysts, Primus Green Energy, Rentec, Sasol, and Shell are planning projects that will use processes, ranging from Fischer-Tropsch synthesis, to methanol-to-gasoline, to anhydrous ammonia, to direct-reduced iron (DRI).  All intend to benefit from the price discount and cleaner attributes of natural gas relative to crude oil.

Capital costs are high, however. Initial estimates for plants slated to come online late this decade commonly exceed US$200,000 per barrel/day of capacity. At such prices, developers must rely on ~$15/MMBtu price spreads between their feed gas and the fuels or products they sell to generate the returns investors require. Can such spreads be sustained? Who are the companies with the edge to win in such an infrastructure race? What cost reductions and improvements in timing can be achieved with follow-on expansions? Might smaller, modular facilities compete if their developers can prefabricate skids to access under-valued, stranded gas reserves?  What new technologies could accelerate the trend? What conversion routes offer the greatest returns?

In its third year, GTL North America, will address these and other questions, which ultimately will determine the size of North America's gas-conversion industry.  The event will be held, June 5-6, at the Houston Magnolia Hotel. Join project developers, technologists, market analysts, financiers and regulators for what promises to be an informative and enjoyable event. Seating is limited to 200.

Seminar Objectives:
  1. Inventory and define projects and their proponents.
  2. Quantify capital and operating costs to define those variables that will determine project feasibility.
  3. Define forward price spreads between oil and natural gas, and discuss long-term influences.
  4. Identify and define technologies that could radically improve gas-conversion economics.
  5. Discuss cost reductions for follow-on expansions and consider how smaller, prefabricated facilities might compete.
  6. Review competing gas-conversion routes to ascertain which offer the most valuable supply chains.

Program Outline:

  WEDNESDAY, JUNE 5, 2013  
7:30 AM
8:00 AM
Introduction, Conference Objectives, Industry Review and Outlook    
Bob Nimocks, president, Zeus Development Corporation  
Nimocks will brief the conference on how the gas-conversion industry has advanced since GTL North America 2012. He will then review the key issues and objectives for the conference.  
8:20 AM
How Louisiana Spells GTL    
Eric Skrmetta, Louisiana Public Service Commissioner   
Louisiana Gov. Bobby Jindal's administration has pledged more than $135 million in incentives to Sasol to build a multibillion-dollar complex in Southwest Louisiana to convert natural gas into chemicals, diesel and other fuels. In addition, Sasol will be able to take advantage of tax-break programs that will provide payroll rebates of up to 15 percent for its new jobs. The Public Service Commission (PSC), the independent regulatory agency dedicated to assuring safe, reliable, and reasonably-priced public utility and motor carrier services, has jurisdiction for regulatory approval.Commissioner Skrmetta has been asked to describe the benefits of GTL to Louisiana.  
8:55 AM
Emberclear's Natchez GTL Project    
Raj Suri, president, EmberClear  
EmberClear has completed the technical feasibility for a possible gas-methanol-gasoline project on an 800-acre site along the Mississippi River in Natchez. The project capacity is 14,000 barrels of gasoline (4,000 tonnes) per day. The Natchez site is served by American Midstream's Midla pipeline system, which intersects three interstate lines, offering gas from virtually anywhere in Texas, Louisiana and Oklahoma. Raj Suri has been asked to describe the project and its implications for the GTL industry.  
9:30 AM
Methanol to Gasoline: Selective Conversion    
Mitch Hindman, licensing manager, ExxonMobil Research & Engineering Company  
Numerous recently announced North American GTL projects intend to use ExxonMobil's methanol-to-gasoline (MTG) process to dehydrate methanol made from natural gas. Hindman has been asked to describe the company's second-generation process, which features a more selective catalyst.  
10:00 AM
BREAK sponsored by Axens  
10:30 AM
North American GTL: How Site Selection Impacts Viability    
Ebrahim Salehi, process engineer, Hatch Ltd.  
Recent developments in Fischer-Tropsch technology have created a potential solution for smaller-scale and distributed gas markets, Ebrahim Salehi reports, As a process engineer with extensive experience in conceptual and pre-feasibility studies on gas-to-liquids (GTL) in Western Canada, he has assisted Hatch prepare numerous feasibilities. Mr. Salehi will discuss the viability of GTL in North America with emphasis on the most promising locations for a GTL facility.  
11:00 AM
Apache's Perspective on Applications for Modular GTL    
Marybeth Nored, engineer, gas monetization, Apache  
Mid-sized upstream producers, like Apache, need small-scale GTL technologies that produce 10,000 barrels per day economically through modular designs. These technologies, however, require further development to reduce initial costs and validate long-term operating characteristics.  Apache's objective is to develop projects that capture the upside of higher valued gas-based products while creating commercial drivers to increase gas demand. Marybeth Nored will review opportunities and challenges.  
11:30 AM
Modular GTL – Transformational Gas Solution for the Upstream Industry    
Shravan Joshi, business development manager, CompactGTL Ltd  
Mr. Joshi has been asked to discuss the world’s first approved and operating, fully integrated modular GTL system, which provides a proven solution to the upstream industry, for the conversion of associated gas, stranded and shale gas into liquids at the point of production.  The solution is the result of a twelve-year development program, including over four years actual plant operational experience in the UK and Brazil.


12:00 PM
LUNCH sponsored by BP  
1:00 PM
PANEL: GTL Projects  
Jeff McDaniel, commercial director, Velocys, Inc.    
On Sept. 7, Oxford Catalyst Group (OCG), parent of Velocys Inc, announced that Ventech Engineers International had completed its Calumet, Pa. plant design and provided a fixed price quote for the modules needed to assemble the plant. The firm was progressing with a more detailed engineering and market analysis. Jeff McDaniel has been asked to provide an update on the project and Velocys's plans for modular GTL.  
Mike Fleming, managing director, Gas-2 Ltd.  
    A year ago, Scottish gas-reforming company, Gas2 Ltd, secured 5.5 million pounds sterling to further develop its next generation of gas-to-liquids (GTL) technology, including the construction of a pilot-reactor plant. The technology enables the conversion of gas to liquids more economically, according to the company. It uses a catalytic ceramic-based porous membrane in both the syngas and fluid-forming (Fischer Tropsch) reactors. Fleming has been asked to update the conference on Gas-2's progress and any plans for the future.
Paul Hamilton, Executive VP, Marcellus GTL LLC    
Marcellus GTL has announced plans to build a Clean Energy Center near the Duncansville, Pa.. intersection of Route 764 and Old Route 22 on land that straddles Allegheny and Blair townships to produce about 2,000 barrel per day of gasoline and propane. Paul Hamilton, formerly the president and CEO of Shell Global Solutions US, Inc., has a wealth of experience with gas-conversion technologies and projects.  
George Boyajian, vice president, Primus Green Energy Inc.    
Primus is near completion of its Hillsborough, N.J., demonstration plant, which will provide performance data for the first commercial application of its syngas-to-gasoline STG+ process. The company expects to break ground on a commercial plant next year to produce some 25 million gallons of transportation fuel annually from natural gas and biomass by 2016.  
3:00 PM
BREAK sponsored by Axens  
MODERATOR: Iraj Isaac Rahmim, president, E-MetaVenture, Inc.    
Mr. Iraj Isaac Rahmim will moderate the afternoon session of the meeting. He is the president of E-MetaVenture, Inc.—a consulting, design, and training firm specializing in XTL, alternative energy processes, as well as refining and gas processing.  
3:30 PM
Reducing the Carbon Footprint of GTL    
Jeremy Owen, team leader, process development, LanzaTech  
Founded in 2005, New Zealand-based gas-to-liquid (GTL) technology developer LanzaTech NZ Ltd. embarked on an ambitious vision to refine bio feedstocks into clean fuels economically and competitively. Its goal was simple: develop and commercialize proprietary technologies for the production of low-carbon fuels that don’t compromise food or land resources. Today, LanzaTech reports that its distributed GTL technologies are poised to become commercial reality.  Jeremy Owen has been asked to update the conference on Lanza's progress and plans for natural gas.  
4:00 PM

Managing Market and Technology Risks in GTL Projects

Tom Parsons, business development manager licensing and projects, Conversion Technology Centre, BP International Limited
In 2009, BP International Limited and Davy Process Technology Limited announced the demonstration of their fixed-bed Fischer-Tropsch technology at a 300-barrel-per-day facility that operated in Nikiski, Alaska from 2002 to 2009. The process is now available to third party licensees. BP and Davy believe the process is the lowest risk option for GTL project developers. Tom Parsons will explain why.  
4:30 PM
Technological Solutions to Support XTL Projects in North America    
Stephane Fedou, senior technical manager, XTL projects, Process Licensing Business Unit, Axens  
Stephane Fedou will discuss the different types of XTL projects in North America and the economic relevance of GTL. He will then present the Gasel technology package for the conversion of syngas to diesel, based on FT and upgrading technologies developed by Eni and IFP.  
5:00 PM
RECEPTION sponsored by CompactGTL  
  THURSDAY, JUNE 6, 2013  
7:30 AM
8:00 AM
Natural Gas Drives Change in Global Fertilizer Markets    
Audrea Hill, senior director, raw materials hedging, Potash Corp  
    PotashCorp, the world’s largest fertilizer company by capacity, manufactures and markets the three primary crop nutrients – potash (K), phosphate (P) and nitrogen (N), across four continents. Shale development has reordered the competitive position of the North American market relative to others. In response to lower gas prices, fertilizer companies are investing to increase production capacity here. Favorable economics appear to be sustainable, but change leads to more change, according Audria Hill. The challenges of managing gas risk will be different in the future than they have been in the recent past.    
8:30 AM
Natural Gas Brightens DME's North American Future    
Ron Sills, founding director, XTL & DME Institute  
    Dimethyl ehter (DME) has won the distinction of the fastest growing derivate market for methanol. In a decade, demand for the LPG-like fuel has grown from 0.2 million tonnes per year to 10 million tonnes. However, most of it is made from coal in China, where DME is used as an LPG supplement.  In North America, natural gas can be used to make DME.  Many new plants are proposed.  Sills has been asked to review DME's bright future in light of the shale gas revolution.   
9:00 AM
Converting Natural Gas to Iron    
John Kopfle, director – corporate development, Midrex  
    With inexpensive natural gas, America’s steel industry is poised for a renaissance and the implications for the natural gas business promise to be significant. Midrex, the leading provider of processes to make direct reduced iron (DRI) from synthesis gas, is assisting steelmakers with development of new plants in the US. DRI enables minimills to enhance their steel quality.  
9:30 AM
MIDREX® SynRG: An Elegant Solution for Natural Gas Conversion    
Matt Stubbing, strategic investments manager, Midrex  
    Midrex, the leading provider of direct iron-ore reduction technology (see above), has a highly competitive process known as MIDREX® SynRG for producing synthesis gas from natural gas. MIDREX SynRG includes the well-proven stoichiometric CO2 MIDREX® Reformer and shows potential for GTL and other chemical applications.  
10:00 AM
10:30 AM
The Case for Ethanol Production from Natural Gas    
Bill Roe, president and CEO, Coskata Inc.  
    From its demonstration-scale gas-to-ethanol plant in Madison, Pa., Coskata intends to utilize its syngas production, fermentation and separation process to construct its first commercial-scale project.  Bill Roe will describe Coskata’s experience, current status, and plans to scale from demonstration to commercial production.  
11:00 AM
Catalyst and Technology in the FT Flowsheet    
Julian Morris, GTL commercial manager, Johnson Matthey  
    Johnson Matthey is a global catalyst and process technology company, headquartered in the UK.  Mr Morris has been asked to discuss Johnson Matthey’s catalyst and technology offerings in the GTL flowsheet from syngas generation through syngas purification to  FT catalysts.  
11:30 AM
Key Conference Takeaways, Conference Wrapup    
Chris Cothran, syngas analyst, and Bob Nimocks, president, Zeus Development Corp.
    Cothran and Nimocks will review the key findings of the conference and summarize takeaways, discussing implications for GTL market development in North America.  
12:00 PM


Jim Aivalis, CEO, Prometheus Energy

Mr. Aivalis joined Prometheus Energy in January 2013 as CEO, bringing over 30 years of domestic and international energy industry experience with a focus on the upstream market.  Prior to joining Prometheus Energy, Mr. Aivalis was the CEO and president of ThruBit, LLC, now a Schlumberger company providing drilling technologies to oil and gas operations.  Mr. Aivalis’ previous roles include non-executive director of XACT Downhole Telemetry in Calgary, Canada, specializing in acoustic measurement-while-drilling telemetry systems, and managing director for one of the energy industry’s leading global pipe and premium connection manufacturers TenarisConnections B.V.   Prior to Tenaris, Mr. Aivalis served over 20 years with Schlumberger in a variety of senior management roles, from commercial and technical management to business development.  Mr. Aivalis’ intellectual blend of holding five patents, authoring numerous articles, and bringing nascent technologies to the energy markets are unique in the step change of maximizing well construction performance and hydrocarbon production.  Mr. Aivalis holds a Bachelor of Science degree in ocean engineering from the Florida Institute of Technology.

Scott Andre, master expert, energy and chemicals, McKinsey & Company

Scott Andre is a Master Expert in the Houston Office of McKinsey & Company, Inc. He provides expert support to clients in the chemical and petroleum industries. Since joining the firm in 1988, Scott's work has focused on strategy, organization, and marketing in petrochemicals and petroleum refining/ marketing.

Scott received an M.B.A. with high distinction (“Baker Scholar”) from Harvard Business School, and a B.S. in Chemical Engineering from the University of Michigan. Scott's other work experience includes 10 years with Dow Corning Corporation in product and process development, economic evaluation, and new product commercialization. He was also Vice President – Marketing for Inolex Chemical Company, a small, specialty chemical producer.

 George E. Boyajian, PhD, vice president, Primus Green Energy

Dr. Boyajian is a technology executive entrepreneur with 18 years of experience as a senior technology executive and has launched several companies including a plant genetic engineering venture and medical device company which was acquired by GE Healthcare. His expertise includes business development, licensing, PR, raising financing, vendor and government relations. Prior to his business career he was an Assistant Professor for six years at the University of Pennsylvania. He received his BA from the University of Pennsylvania and his PhD from University of Chicago, both in Geology.

Tom Campbell, Manager, Zeus Intelligence

Tom Campbell is a research analyst for Zeus Development Corporation and editor of the Zeus LNG-Fueled Marine Report and the Zeus LNG-Fueled Vehicle Report. His responsibilities include overseeing the development of the company’s various LNG-fuel databases, and researching various LNG-fuel application projects worldwide. He received his bachelor’s degree in History from Rice University.

Chris Cothran, energy analyst, Zeus Intelligence

Chris Cothran is a research analyst for Zeus Development Corporation and the editor of the Zeus Syngas Refining Report and the Zeus Gas Monetization Report. Cothran contributes his research and analysis in the areas of Gasification and Upstream Gas Monetization to the firm's consulting practice. Additional responsibilities include overseeing the development of the research component of the company's Global Gasification and Upstream Fields databases.

Stephane FEDOU, XTL & Renewable Fuels Product Line Manager, Axens

After 8 years in the engineering company Technip, Stéphane Fédou joined Axens group in 2003, dedicating to Fischer-Tropsch technology and XtL projects. Since 2012, Stéphane is leading the “XTL & Renewable Fuels” product line promoting Axens’ technological solutions for the production of alternative motor fuels and chemicals.

Mike Fleming, managing director, Gas-2 Ltd.

Mike has 32 years of technical and general management experience in the upstream Oil & Gas industry in the UK and North America. His back ground includes serving as CEO of WellDynamics, a Halliburton Company, providing intelligent reservoir technology to global markets. More latterly Mike was a founding partner in Venture Production Company- a mature field’s Oil & Gas producer which was acquired by Centrica & delisted in 2009.  In Gas2 Mike is responsible for the overall commercial leadership of the business and is a member of the board. Mike holds a degree in Geology from Keele University and an MS in engineering from Leeds University and several post graduate business qualifications. He holds several non-executive appointments in other energy related businesses. 

Cem Hacioglu President and Chief Executive Officer

Cem Hacioglu has been President and Chief Executive Officer of Applied Natural Gas Fuels, Inc. since February 2009. Mr. Hacioglu was previously a portfolio manager at Sandell Asset Management Corp. and Millennium Partners, and also held positions at Fletcher Asset Management, Merrill Lynch and the World Bank. Cem earned a Bachelor of Science in Economics from the United States Military Academy, West Point, and holds an MBA in Financial Management from the MIT’s Sloan School of Management.

Paul Hamilton, executive VP, Marcellus GTL LLC

 Mr. Hamilton formerly served as President and CEO of Shell Global Solutions US, Inc. and Vice President for Engineering and Analytical Technologies.  Over his 32 year career with Shell, he developed and led technologically advanced businesses in research, product development, operations, engineering, project management and consulting.  He is an industry expert in the areas of refining, petrochemicals, renewable energies, alternative energy sources, and gasification.  Paul serves on the advisory boards of the University of Colorado, College of Engineering at Boulder and the Indo-American Chamber of Commerce of Greater Houston.  He is also a board member for Sensorin Corp. an analytical sensing company.  Mr. Hamilton received his BS in Civil Engineering, and his MS in Environmental Engineering from the University of Colorado in Boulder.

Audrea Hill, senior director, raw materials hedging, Potash Corp.

Audrea Hill is the Sr. Director of Raw Materials & Hedging for PotashCorp, the world’s largest fertilizer company by capacity. In her current position, Audrea leads a team responsible for supplying the company with reliable, low cost natural gas and electricity. She also oversees natural gas hedging and carbon emission trading. Audrea serves as the Vice Chair for the Process Gas Consumers Group, a national association of industrial gas consumers whose member companies represent a broad cross-section of U.S. industry. She has over 30 years of experience in the energy industry and has been with the company for over 17 years. Prior to PotashCorp, Audrea served at Fina Natural Gas Company in Dallas, Texas, and the National Coal Association in Washington, D.C. Audrea holds a BS in Geology and a MA in Energy & Mineral Resources, both from the University of Texas at Austin.

Mitch Hindman, licensing manager, ExxonMobil Research and Engineering Company

Mitch started his career with Exxon U.S.A. at the Baton Rouge LA Refinery in 1980. After positions in projects, operations support and maintenance he transferred to Exxon's Lubricants and Petroleum Specialties division in 1989 and held a number of sales and marketing staff positions. Following the ExxonMobil merger in 2000, he held positions as Petroleum Specialties Sales Manager and Lube Basestocks and Wax Supply Manager for the Americas Region. In 2008 Mitch transferred to ExxonMobil Research and Engineering Company as a Licensing Manager in the Technology Sales and Licensing Department.

Mitch graduated from Louisiana State University with a Bachelors of Science Degree in Mechanical Engineering

Lyle Jensen, CEO, American Power Group (OTC:APGI)

American Power Group Inc. (APGI) has developed a joint marketing agreement with Linde, where APGI supplies dual-fuel technology to convert diesel engines to run on natural gas while Linde provides expertise in the supply, production, logistics and on-site application of LNG. Lyle Jensen, President & CEO, will describe the company’s recent progress in drill/frac operations. His business career spans over thirty years of profit and loss responsibility which has included operational turnarounds, entrepreneurial start-ups and M&A activities all driven towards creating shareholder value in both public and private company settings.

Shravan Joshi, business development manager, CompactGTL Ltd.

Shravan Joshi brings over 14 years of experience in international business development and contract execution to CompactGTL. As part of his experience he has established satellite sales offices in several international territories in Eastern Europe, Central Asia and the Far East, and also spent 4 years in the Middle East. Shravan’s background is in the upstream oilfield equipment sector, with a good grasp of economic and political factors that can affect Exploration and Production developments. At CompactGTL, Shravan is responsible for establishing new business relationships and bringing opportunities to bear for the Company, in several territories.

David Kailbourne, CEO, REV LNG (privately owned) 

E. David Kailbourne has been involved in the investment industry since 1993 gaining significant experience in all phases with particular emphasis on institutional and proprietary trading while focusing on strategic investment analysis and portfolio management.

While Senior Vice President of Pension Financial/SAMCO, Mr. Kailbourne also held the position of Senior Proprietary Trader and Portfolio Manager. He has held senior trading and risk management positions with middle market brokerage firms in Chicago, Dallas, and Detroit, and has been a strategic consultant to hedge funds, registered investment advisors, mutual funds, and one of the largest grocery companies in the world.

Mr. Kailbourne believed early on in the potential of ETFs. He has brought his expertise in sector and index specific portions of the market to the trading and management of these investment vehicles.

A graduate of Bowling Green State University with a major in Political Science and a minor in Economics, Mr. Kailbourne returned home to Mendon, New York after spending eighteen years in Ann Arbor and Chicago. He resides in Mendon with his wife, Beth and their two children.

John Kopfle, director - corporate development, Midrex

John Kopfle is responsible for corporate planning and investments and has worked at Midrex for 30 years. He earned a B.S. in Chemical Engineering at Virginia Tech and an M.B.A. at the University of North Carolina at Charlotte. Mr. Kopfle has authored over 100 technical papers and presentations and contributed to three books.


David Loring, president and CEO, GTL Solutions

Mr. Loring is a co-founder of GTL Solutions for America, a corporation formed to capitalize upon the extraordinary opportunities created by America’s natural gas boom. The price differential between one BTU of American natural gas and one BTU of imported crude oil has never been greater. There will be winners and losers. Previously, Mr. Loring was a co-founder of World GTL Inc, in 2000. World GTL negotiated MOUs, conducted feasibility studies around the world (Russia, China, South America) and built the first commercial GTL plant in the Western Hemisphere. Previously, Mr. Loring was senior international counsel for the Atlantic Richfield Company, Counsel for Latin America for The General Motors Corporation after serving as Law Clerk to the Chief Justice of California and teaching Commercial Law at the University of Costa Rica Law School. Mr. Loring received his J.D. from Stanford Law School, and his B.A. in Economics from Pomona College.

Jeff McDaniel, business development director, Velocys

Mr. McDaniel leads the company’s sales, marketing and business development activities for microchannel reactors and catalysts.  As one of the founding members of Velocys, he has formed technology collaborations with leading industrial partners and government agencies, including Toyo Engineering, Petrobras, SGC Energia, PTT and Department of Energy.  Through these programs and related efforts, Velocys/Oxford Catalysts has invested over $200 million into its core technologies and is beginning commercial deployment. Jeff holds eight U.S. patents and has authored/co-authored over three dozen papers and presentations on microchannel technology.  He has a B.S. in Chemical Engineering from Texas A&M University, and an M.B.A. and an M.S. in Environmental Studies from the University of Michigan.

Julian Morris, GTL Commercial Manager, Johnson Matthey

Julian joined Johnson Matthey (formerly ICI) in 1997 as a technical sales engineer in the gas processing, CO2 and chemicals business units. He then managed this regional team before becoming the global business manager of the Fats and Oils catalyst business unit. Since 2003 Julian has held various regional and business development management roles across the Johnson Matthey syngas and refinery business units. From 1986 to 1997 Julian held senior plant process and project management roles within the Methanex New Zealand organization including a 3 year overseas secondment role with Methanex in Canada. Julian graduated with a BSc (Chemistry) in 1984 and a BEng (Chemical and Process) in 1986 from the University of Canterbury in New Zealand.

Robert M. Nimocks, president, Zeus Development Corp

In 1991, Nimocks founded Zeus Development Corporation to provide information and analysis to clients competing in world gas trade and development. Since the founding, the company has expanded its areas of expertise to include the monetization of other hydrocarbons, such as coal, tar sands and biomass and the commercialization of new technologies to upgrade undervalued hydrocarbons into premium fuels and products. The firm serves some 2,000 customers and clients, including major energy companies, governments, oilfield services firms, etc.  Zeus' extended enterprise includes about 35 staff, executive consultants and independent researchers. Nimocks assists clients in four broad areas:

  1. Natural gas supply: For three large gas-import markets, Chile, Israel, and Italy, Nimocks has assisted utilities and governments identify, assess and negotiate gas supply as well as the construction of infrastructure necessary to import volumes of gas up to 5 billion cubic meters per year (500 million cubic feet per day). 
  2. Feasibility: Nimocks specializes in assisting developers maximize returns on prospective capital projects while preparing feasibility documents that accurately communicate the investment opportunity to banks and third-party investors.
  3. Business expansion: Nimocks has assisted more than 20 manufacturers, process licensors, EPC firms, and investors evaluate and set strategies for growth in the gas-monetization industry.
  4. Investment assessment: Nimocks has assisted numerous institutional investors evaluate equity investment and trading strategies concerning publicly traded competitors in the LNG, gas conversion and E&P industries. He also has assisted banks conduct due-diligence investigations of borrower capital projects, including bond investments.
A former consultant with Accenture, Nimocks earned bachelors degrees in science and business administration from Mississippi State University in 1981 and an MBA from Harvard Business School in 1987.

Marybeth Nored, engineer, Gas Monetization, Apache Corporation

Ms. Marybeth Nored is the engineering lead for the gas monetization project development team at Apache Corporation.  She provides technology reviews, machinery engineering support, gas and condensate metering expertise, and engineering feasibility reviews for Apache’s regions.  Previously, Ms. Nored worked as a manager of the Fluid Machinery Systems group at Southwest Research Institute. She holds two patents in reciprocating compressor technologies for pulsation control. Her work is supported by a Bachelor of Science in Mechanical Engineering from the University of Texas at Austin and a Masters in Mechanical Engineering from Georgia Tech.


Jeremy Owen, business development director, LanzaTech

 Jeremy Owen leads LanzaTech’s Process Development group based out of its headquarters near Chicago, IL. 

The group specializes in applying LanzaTech’s proprietary gas fermentation technology to unique gas streams for the production of fuels and high value chemicals.   Under Jeremy’s direction the group provides techno-economic analysis, life cycle assessment, and process modeling tools to evaluate new opportunities and take projects from the early concept stage through engineering design. 

Prior to joining LanzaTech, Jeremy worked for Mascoma Corporation, leading the fermentation scale-up team that oversaw large-scale fuel production campaigns at the company’s  demonstration plant in the Rome, NY  and directed front-end engineering design (FEED) efforts for the first-of-a-kind commercial plant.

Jeremy has worked for multiple firms developing and improving novel energy and fuels processes.   His experience has ranged from early technology development including building and operating several pilot plants to providing process engineering and commissioning services to operating biofuels plants throughout the US and Canada.   Jeremy has a B.S. in Chemical Engineering from the University of Wisconsin and is a register Professional Engineer.

Tom Parsons, business development manager, licensing and projects, Conversion Technology Centre, BP International Limited

Tom Parsons joined BP as a Research Chemist, working on the development and scale-up of various technologies, including the BP / Davy Fixed Bed Fischer-Tropsch Process. In 2011 he moved into the BP team commercialising the Fischer Tropsch technology, and has been particularly focused on licensing opportunities in North America. He holds a Master’s degree and D.Phil in Chemistry from Oxford University.

Iraj Isaac Rahmim, president, E-MetaVenture, Inc.

Iraj Isaac Rahmim is the president of E-MetaVenture, Inc.—a consulting, design, and training firm specializing in XTL, alternative energy processes, as well as refining and gas processing. He holds BS and MS degrees from the University of California and a PhD from Columbia University, all in chemical engineering. Previously employed with Mobil and Coastal Corporations, Dr. Rahmim is a past Director of the American Institute of Chemical Engineers (AIChE) Fuels and Petrochemicals Division, past president of the International Association for Energy Economics—Houston, and an associate member of the State Bar of Texas (Oil, Gas, and Energy Resources Law Section). Elected Full Member of Sigma Xi in 1987 and a Director of the XTL & DME InstituteSM in 2012, he holds 20 US and international patents in gas and refining processes. Quoted by the Wall Street Journal-Europe, International Energy Agency (IEA), Platts, Reuters, The Oil Daily, Politico, Global Technology Forum, and Chemical Market Reporter, recent invited articles on XTL technology, strategy, and economics were published as special cover article reports in the Oil and Gas Journal and featured in the National Petrochemicals and Refiners Association conference. Dr. Rahmim is a referee for The Energy Journal and International Journal of Oil, Gas and Coal Technology (IJOGCT).

Bill Roe, president and CEO, Coskata Inc.

Bill Roe joined Coskata as its President and CEO in September 2007, bringing extensive leadership experience across many critical functions of growing a global technical business, including operations management, strategy, sales and marketing, and research and development.

Prior to Coskata, Bill enjoyed a 29 year career with Nalco, the world's largest provider of industrial water-treatment chemicals and process additives. Bill was most recently the Chief Operating Officer, a position he held for six years. In that role, Bill had full P&L responsibilities for all of Nalco's business operations globally including the Industrial and Institutional Services Division (which comprises 75% of Nalco's core water treatment business), the Energy Services Division (a business line serving the petroleum and gas industry, with products for exploration and drilling, oilfield production, and downstream refining and petrochemical production), and the Paper Services Division (a business line serving the pulp and paper industry with processing additives and functional products that improve final sheet properties). Bill's responsibilities also included strategic planning, product development and commercialization, and strategic account development and management

Prior to serving as Nalco's COO, Bill was President of Nalco's Asia Pacific Division, where he was responsible for Nalco's business operations in China, Japan, Korea, Taiwan, all of Southeast Asia, India, and Australia/New Zealand.

Ebrahim Salehi, process engineer, Hatch

Ebrahim Salehi is a process engineer with more than nine years of extensive experience within owner and EPC companies, including four years of solid PhD research in bio-fuels. His industry experience has been mainly in natural gas, including conceptual and pre-feasibility studies on Gas-to-Liquids (GTL) in Western Canada and study opportunities for developing compressed Natural Gas (CNG) and Adsorbed Natural Gas (ANG) in Iran. He has accumulated two years of field experience in a petrochemical complex in the south of Iran from construction to operation. His recent experience has been leading the gasification and Fischer-Tropsch areas of a GTL pre-feasibility study with Hatch, and he has developed an in depth understanding of gasification, Fischer-Tropsch, and upgrading technologies from established to emerging licensors. His strong research and development background has led to the publication of several articles and filing patents on GTL integration with oil sands operations in Alberta. Ebrahim has received the IRDF Award for Hatch from NSERC Canada.


Ed. Schneider, associate principal, McKinsey & Company

Ed Schneider is leader in McKinsey's Oil and Gas practice and an owner of our outlook for NA gas markets. He serves operating and financial clients across the value chain including upstream, services, midstream, and trading. Ed support clients on a range of functional topics including portfolio/growth strategy, market assessment/evolution, entry strategy, and operations. Prior to McKinsey Ed was a Production Manager and Process Engineer and Solvay and BP. Ed holds a BE in Chemical Engineering from Vanderbilt University, a MBA from the Kellogg of Management, and a Masters in Engineering Management from the McCormick School of Engineering of Northwestern University.

Dr. Ronald Sills, co-director, XTL & DME Institute

Dr. Ronald Sills is a consultant in conversion technologies and analyses of the natural gas/coal/biomass to products value chain. He is Co-Director of the XTL & DME (Dimethyl ether) Institute, an educational service, and is a member of the Technical Advisory Board for CoolPlanetBioFuels, Inc. Before his retirement from BP in 2009, he was Gas Conversion Network Leader and Engineering Manager in the Conversion Technology Centre.

He is recognized internationally as an expert about DME (Dimethyl ether) as a new fuel and chemical feedstock. He is an honorary member of the International DME Association. Prior to joining BP in the 1990s, he was manager of Mobil’s Research Planning Evaluation Group at the Paulsboro Research Laboratory as well as a member of the team for the development and commercialization of the fixed-bed Methanol-to-Gasoline (MTG) process.

Dr. Sills holds a PhD. and M.S. in Chemical Engineering from M.I.T. and a B.S. in Chemical engineering from Columbia University.

Eric Skrmetta, Louisiana Public Service Commissioner

Republican, born October 1, 1958 in New Orleans, Louisiana; graduate of Brother Martin High School, Louisiana State University B.S. 1981, Southern University Law School J.D. (cum laude) 1985 and Tulane University Law School (LL.M Admiralty) 1986. Practicing Attorney since 1985. Practicing Mediator since 1989. Republican State Central Committee District 81, Active in numerous community, civic and religious organizations. Married (Deborah Gibson). Two Children. Elected to office November 4, 2008. Assumed Commissionership January 1, 2009; current term ends December 31, 2014.

Matt Stubbing, Midrex

Matt Stubbing manages investments for Midrex, sourcing and evaluating new business opportunities that will benefit from the strengths of the Midrex team, make the core processes more competitive, or finding a new application for existing technologies. Mr. Stubbing has worked in construction project management, engineering, and finance for over 25 years. He earned a B.S. in Civil Engineering from Virginia Tech and an MBA from Wake Forest University.

Raj Suri, president and director, EmberClear

Raj Suri became the president of EmberClear following its merger with Future Ventures LLC in December 2010. He has more than 18 years experience in finance predominantly in the energy industry. His experience includes international tax planning, risk management, deal structuring, mergers and acquisitions, and strategic planning. Raj Suri received his certification as a certified public accountant in 1992 and earned a masters in taxation degree from American University in 1998. He also earned his Masters of Business Administration from Duke University as Fuqua Scholar in 2004.

 Mamlesh Vakil, independent process consultant formerly with Chevron Texaco, Houston

40 plus years experience in Business, Process, Operation and Project engineering as director with extensive interface with cost, schedule and equipment design. Successfully carried out several large capital projects (1000 to 3000MMUS$) conceptual design, economic study, process study, detail engineering, procurement, construction, commissioning, in several technologies few of which are Ethylene, LNG, Gas to FT liquid (GTL), Syngas, Heavy Oil Upgrading, Integrated gasification and combine cycle, Methanol, Gas Processing, Refinery, Hydrogen, Air Separation Unit, Acid gas removal units, Fischer Tropsch, Hydrocrackers.

Expertise in process tools such as ProII, ASPEN, Power and Steam balance program Gate Cycle, exchanger rating, P&ID development, Metallurgy, equipment design, Safety, Control logic, Hazop, operation manual, dynamic simulation.

Expertise in project engineering of equipment such as COLD BOXES for LNG, ASU; Large Compressors up to 50000Hp, Large GT, Large Steam Turbine, furnaces, special waste heat boilers, exchangers and others.

Expertise in Project Cost and Schedule control and overall project management for projects of $500MM value.

Worked for engineering companies like FLUOR, Brown and Root and Operating companies like Chevron Texaco, Millennium (now German Linde and previously Dupont) in capacity as Process Manager, Project Manager, Technical Superintendent and Business Development Manager.

Worked with international companies for projects in Kuwait, India, Venezuela, Japan, South Africa, Europe, Canada and USA

Registration Pricing

Seminar Pricing: Registration Through May 31, 2013 On Site (subject to availability) 
June 4: Investing in North America's Conversion to Natural Gas




June 5-6: GTL North America 2013 



Both Meetings




Substitutions may be made at any time at no charge. Cancellations received in writing by May 5, 2013 will receive a 75% refund. Cancellations received in writing by May 22, 2013 will receive a 50% refund. Registrants who do not attend and fail to cancel before May 22, 2013 will not receive a refund.

Special Needs
If you have a disability which may impact your participation in the meeting, please append a statement of needs accompanying your mailed or faxed registration, and you will be contacted to discuss accommodations. Availability of appropriate accommodations cannot be assured without prior notification of need.

Please Note
The conference management reserves the right to make any necessary changes to this program. Every effort will be made to maintain presentations and speakers as represented. However, unforeseen circumstances may result in the substitution or cancellation of a presentation topic or speaker.

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The conference will be held at the Houston Magnolia Hotel, located in downtown Houston, Texas U.S.A.

Magnolia Hotel-Houston
1100 Texas St
Houston, TX 77002
Toll Free: 1-888-915-1110
Phone: 713.221.0011
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Nearby Accommodations

The Lancaster Hotel -Houston
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Sam Houston Hotel (Formerly The Alden Hotel)
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Houston, TX 77002
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This conference is organized and managed by Zeus Development Corporation.

To register by phone, for hotel information, special needs, or assistance in securing accommodation, please contact us at 713-952-9500.

Conference Manager
FehYee Siow
Email:  conference@zeusintel.com
Direct: 713-333-5783

Zeus Development Corporation
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Houston, Texas 77042, USA

Telephone: 713-952-9500
Fax: 713-952-9526

Contact Us

Zeus Intelligence Services provides market data and expertise in the areas of World LNG Trade, LNG Fuels, Upstream Natural Gas, and Gasification. We offer (1) topical periodicals and research reports, (2) interactive project databases, (3) conferences & seminars, and (4) consulting services.
Zeus Intelligence, A Hart Energy Company
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