Hydrocarbon conversion process

A hydrocarbon conversion process, comprising:

• (a) providing a first mixture, the first mixture comprising hydrocarbon and oxygenate, wherein (i) the first mixture's hydrocarbon comprises hydrocarbon in natural gas and (ii) the first mixture's oxygenate comprises carbon dioxide in natural gas;
• (b) exposing the first mixture a temperature ≧1.40×103° C. in a first region under thermal pyrolysis conditions which include at a total pressure ≧0.1 bar absolute to produce a second mixture, the second mixture comprising molecular hydrogen, carbon monoxide, and ≧1.0 wt. % of C2 unsaturates based on the weight of the second mixture, wherein the second mixture has a carbon monoxide:C2 unsaturates molar ratio in the range of 0.1 to 2;
• (c) transferring to at least one converter (i) at least a portion of the second mixture and/or (ii) a third mixture derived from the second mixture, the transferred mixture comprising hydrogen, carbon monoxide, and ≧1.0 wt. % of C2 unsaturates based on the weight of the transferred mixture, wherein the transferred mixture has a CO:C2 unsaturates molar ratio in the range of 0.1 to 2.0;
• and
• (d) converting ≧10.0 wt. % of the transferred mixture's C2 unsaturates, based on the weight of the transferred mixture's C2 unsaturates, to form a product comprising ≧1.0 wt. % of C3+ aldehyde and/or ≧1.0 wt. % C3+ alcohol based on the weight of the product, wherein the C3+ aldehyde is propanal and the C3+ alcohol is propanol.