The 10 th International Chemical Engineering Congress & Exhibition (IChEC 2018) Isfahan, Iran, 6-10 May, 2018 Analysis of Two Novel Methods for Gas Reformation to Practical Energy in North Yaran Oil and Gas Plant Saeed Sinehbaghizadeh Research and Development Department, Jondishapour Company, Tehran, Iran s.baghizadeh@jondishapour.com Abstract In this communication, two different methods are proposed to evaluate the economic advantages of these methods instead of conventional gas transportation at the North Yaran Oil and Gas Plant. Current methods are: gas to liquid production (GTL) and electric power generation by employing gas turbine. To find out the most suitable method, the required equipment for the two aforementioned methods are simulated. These simulations determine the number of GTL barrels per day and the rate of generated power via the gas turbine. The results of simulation reveal that first method capable of produces 1128 barrels/day of valuable GTL products while the second method provides 24 MW electricity. Moreover, total capital investment for GTL and electricity generation are estimated about 45.7 and 42.9 million dollars respectively and the rate of return (ROR) using their total capital investments are 62% and 36% respectively. Thus the results exhibit that GTL method is the superior method economically. Keywords: Gas to Liquid, Natural Gas Conversion, Electricity Generation Introduction The national energy strategy reflects a national commitment to greater efficiency in every element of energy production and use. Greater energy efficiency can reduce energy costs to consumers, enhance environmental quality and promote a strong economy. Increased energy efficiency has provided the Nation with significant economic, environmental, and security benefits in the present this century. To make further progress toward a sustainable energy future, administration policy encourages investments in energy efficiency and fuel flexibility in key economic sectors. Up till now, natural gas as a great source of energy has been taken into consideration. Recently, gas to liquid technology (GTL) as well as electricity generation as indirect methods against Transfering though pipeline and storing and shipping natural gas by LNG technology have been applied. Hence, in the current study, in order to recognize which one of indirect manners such as GTL technologh and electricity generation can be used to natural gas exportation from North Yaran Oil and Gas Field. This plant composed of Yaran north and Yaran south field which is located in the Abadan plain area as far as 120 kilometers to the west of Ahwaz, Iran and right along the international border with Iraq. The field is located adjacent to the west of the South Azadegan giant oil field, Ahwaz, Iran.