Process for co-producing commercially valuable products from byproducts of fischer-tropsch process for hydrocarbon fuel formulation in a GTL environment

A process for synthesizing hydrocarbons in a Gas-to-Liquid (GTL) environment, and for co-producing chemical products from by-products of the hydrocarbon synthesis process, comprising the steps of:

• (a) formulating a first hydrogen rich syngas stream with a syngas generator, wherein said first hydrogen rich synqas stream has a H2 to CO ratio of more than 2:1;
• (b) subjecting a portion of said first hydrogen rich syngas stream to a hydrogen separator unit to provide a purified hydrogen by-product stream and a second hydrogen rich syngas stream, wherein said second hydrogen rich syngas stream has a H2 to CO ratio less than the H2 to CO ratio of said first hydrogen rich syngas stream;
• (c) subjecting at least a portion of said first hydrogen rich syngas stream, at least a portion of said second hydrogen rich syngas stream, or a combination thereof, to a carbon dioxide removal operation to obtain purified hydrogen rich syngas stream and one or more carbon dioxide by-product streams;
• (d) reacting at least a portion of said first hydrogen rich stream, at least a portion of said second hydrogen rich stream and/or at least a portion of said purified hydrogen rich syngas stream in a Fischer-Tropsch reactor to synthesize said hydrocarbons;
• and
• (e) converting said one or more carbon dioxide by-product streams into said chemical co-products.