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This book explores next-generation technologies geared toward overcoming the significant cost and technical barriers prohibiting the extensive use of conventional gas to liquid (GTL) processes for the exploitation of small and/or isolated natural gas reservoirs. This concise text highlights key research activities of two large European projects-Innovative Catalytic Technologies & Materials for Next Gas to Liquid Processes (NEXT-GTL) and Oxidative Coupling of Methane followed by Oligomerization to Liquids (OCMOL)-examining novel technical developments that reduce the costs associated with air fractioning and syngas production.