Natural gas flaring is both a huge waste of precious energy and a big harm to the environment (through methane slippages). The total natural gas globally flared amounts to 140 bcm (IEA 2021) resulting in 1.4 GigaTons of CO2e emissions. This represents >2.5% of global CO2e emissions. There are 16,000 gas-releasing flaring sites across the globe: See the latest satellite flare map here.
To be the leading global supplier of small- scale, modular, autonomous gas-to-product systems, M2X has developed a novel approach to green methanol production using what would otherwise be a waste stream – flare gas. Our products will mitigate significant volumes of GHG emissions by eliminating methane leakages from flares and displacing the production of conventionally produced chemicals.
M2X is building a pilot unit, consuming approximately 85,000 scf/day of flare gas and producing 5,000 barrels of methanol per year, ready for field demonstration in the first quarter of 2023.
Methanol is a feedstock for making everyday products – converting a waste stream of natural gas that would be flared or vented into methanol helps displace the demand for natural gas or coal that would traditionally be required for methanol production.
We are focused on a fast, safe and effective deployment of our technology – because reducing emissions can’t wait.
We are building solutions for our customers; additional complexity doesn’t necessarily mean more value.
Combating climate change means working together and building a community of employees, customers and partners with different background, points of view and priorities