Currently, there are two FT operating modes: [11][12][13] highand low-temperature FT processes (Figure 1). In the hightemperature FT (573-623 K, HTFT) process 14 syngas reacts in a fluidized bed reactor in the presence of iron-based catalyst to yield hydrocarbons in the C1-C15 hydrocarbon range. This process is primarily used to produce liquid fuels, although a number of valuable chemicals, e.g., R-olefins, can be extracted from the crude synthetic oil. Oxygenates in the aqueous stream are separated and purified to produce alcohols, acetic acid, and ketones including acetone, methyl ethyl ketone, and methyl isobutyl ketone.Both iron and cobalt (Fe, Co) catalysts can be used in the low-temperature FT (473-513 K, LTFT) process 8,10 (Figure 1) for synthesis of linear long-chain hydrocarbon waxes and paraffins. High-quality sulfur-free diesel fuels are produced in this process. Most of the FT technologies developed in last two decades are based on the LTFT process. These new LTFT processes have involved syngas with a high H 2 /CO ratio, which is generated by vaporeforming, autothermal reforming, or partial oxidation using natural gas as a feedstock.Because of their stability, higher per pass conversion, 8 and high hydrocarbon productivity, cobalt catalysts represent the optimal choice for synthesis of long-chain hydrocarbons in the LTFT process.