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A method for producing a product comprising at least one selected from C2+ hydrocarbons, oxygenates, and combinations thereof from light gas comprising one or more of carbon dioxide, methane, ethane, propane, butane, pentane, and methanol by forming a dispersion of light gas in a liquid feed, wherei

A method for producing a product comprising at least one selected from C2+ hydrocarbons, oxygenates, and combinations thereof from light gas comprising one or more of carbon dioxide, methane, ethane, propane, butane, pentane, and methanol by forming a dispersion of light gas in a liquid feed, wherein the dispersion is formed at least in part with high shear forces and wherein at least one of the liquid feed and the light gas is a hydrogen source. A system for carrying out the method is also presented.

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1. A system for producing a product comprising at least one selected from oxygenates, C2+ hydrocarbons, and combinations thereof, the system comprising: a light gas feed consisting essentially of carbon dioxide, methane, ethane, propane, butane, or a combination thereof;at least one external high sh

1. A system for producing a product comprising at least one selected from oxygenates, C2+ hydrocarbons, and combinations thereof, the system comprising: a light gas feed consisting essentially of carbon dioxide, methane, ethane, propane, butane, or a combination thereof;at least one external high shear mixing device comprising at least one generator comprising a disk-shaped, toothed rotor and a complementarily-shaped, toothed stator separated by a shear gap, wherein the shear gap is the minimum distance between the rotor and the stator, and wherein the high shear mixing device is capable of producing a tip speed of the rotor of greater than 22.9 m/s (4,500 ft/min);a pump configured for delivering a mixture comprising the light gas and a liquid medium to the high shear mixing device;a catalytic reactor downstream of the at least one high shear mixing device, the catalytic reactor comprising a product outlet and an inlet configured to receive a dispersion of light gas bubbles in a liquid phase comprising liquid medium from an outlet of the at least one high shear mixing device; anda dehydrogenation catalyst. 2. The system of claim 1 wherein the at least one high shear mixing device comprises at least two generators. 3. The system of claim 2 wherein the shear rate provided by one generator is greater than the shear rate provided by another generator. 4. The system of claim 1 wherein the at least one high shear mixing device is configured for producing a dispersion of light gas bubbles in a liquid phase comprising liquid medium; wherein the dispersion has a mean bubble diameter of less than 400 nm. 5. The system of claim 1 wherein the at least one high shear mixing device is capable of producing a tip speed of the rotor of at least 40.1 m/s (7,900 ft/min). 6. The system of claim 1 comprising at least two high shear mixing devices. 7. The system of claim 1 wherein the at least one high shear mixing device is configured to generate a dispersion comprising bubbles of light gas having a mean diameter in the range of about 0.1 to about 1.5 micron. 8. The system of claim 7 wherein the at least one high shear mixing device is configured to generate a dispersion comprising bubbles of light gas having a mean diameter of less than about 1 micron. 9. The system of claim 8 wherein the at least one high shear mixing device is configured to generate a dispersion comprising bubbles of light gas having a mean diameter of less than about 0.4 micron. 10. The system of claim 1 wherein the at least one high shear mixing device is configured to generate a dispersion by subjecting a mixture of the light gas and the liquid medium to a shear rate of greater than about 20,000 s−1. 11. The system of claim 1 wherein the rotor and the stator are separated by a minimum clearance in the range of from about 0.02 mm to about 3 mm. 12. The system of claim 1 wherein the at least one high shear mixing device is configured to produce a local pressure of at least about 1034.2 MPa (150,000 psi) at the tip of the rotor during formation of the mixture. 13. The system of claim 1 wherein the energy expenditure of the at least one high shear mixing device is greater than 1000 W/m3 during formation of the mixture. 14. The system of claim 1 wherein the catalytic reactor contains a catalyst comprising ruthenium. 15. The system of claim 14 wherein the catalyst is selected from the group consisting of ruthenium trichloride heptahydrate, ruthenium carbonyl, and combinations thereof. 16. A system for producing a product comprising at least one selected from oxygenates, C2+ hydrocarbons, and combinations thereof, the system comprising: a light gas feed consisting essentially of carbon dioxide, methane, ethane, propane, butane, or a combination thereof;at least one external high shear mixing device comprising at least one generator comprising a disk-shaped, toothed rotor and a complementarily-shaped, toothed stator separated by a shear gap, wherein the shear gap is the minimum distance between the rotor and the stator, and wherein the high shear mixing device is capable of producing a tip speed of the rotor of greater than 22.9 m/s (4,500 ft/min);a pump configured for delivering a mixture comprising the light gas and a liquid medium to the high shear mixing device;a catalytic reactor downstream of the at least one high shear mixing device, the catalytic reactor comprising a product outlet and an inlet configured to receive a dispersion of light gas bubbles in a liquid phase comprising liquid medium from an outlet of the at least one high shear mixing device; anda dehydrogenation catalyst,wherein the catalytic reactor is a fixed bed catalytic reactor containing a bed of catalyst. 17. The system of claim 1 further comprising a recycle line fluidly connecting the catalytic reactor with the at least one high shear mixing device whereby at least a portion of a gas exiting the catalytic reactor, at least a portion of the product exiting the catalytic reactor, or both, can be recycled to the external high shear mixing device. 18. The system of claim 1 wherein the catalytic reactor further comprises a gas outlet for a catalytic reactor outlet gas, and wherein the system further comprises a condenser configured to condense a liquid product from the catalytic reactor outlet gas, thus leaving a non-condensed gaseous product; and a recycle line fluidly connecting the condenser and the at least one high shear mixing device, whereby at least a portion of the non-condensed gaseous product can be recycled to the at least one high shear mixing device. 19. The system of claim 1 wherein the shear rate produced by the at least one high shear device varies with longitudinal position along a flow pathway therethrough. 20. A system for producing a product comprising at least one selected from oxygenates, C2+ hydrocarbons, and combinations thereof, the system comprising: a light gas feed consisting essentially of carbon dioxide, methane, ethane, propane, butane, or a combination thereof;at least one external high shear mixing device comprising at least one generator comprising a disk-shaped, toothed rotor and a complementarily-shaped, toothed stator separated by a shear gap, wherein the shear gap is the minimum distance between the rotor and the stator, and wherein the high shear mixing device is capable of producing a tip speed of the rotor of greater than 22.9 m/s (4,500 ft/min);a pump configured for delivering a mixture comprising the light gas and a liquid medium to the high shear mixing device;a catalytic reactor downstream of the at least one high shear mixing device, the catalytic reactor comprising a product outlet and an inlet configured to receive a dispersion of light gas bubbles in a liquid phase comprising liquid medium from an outlet of the at least one high shear mixing device; anda dehydrogenation catalyst,wherein the dehydrogenation catalyst comprises manganese, tungsten, cobalt, sodium, and optionally lanthanum. 21. The system of claim 20 wherein the dehydrogenation catalyst is about 2 μm in size. 22. The system of claim 20 further comprising triruthenium dodecacarbonyl dehydrogenation catalyst. 23. A system for producing a product comprising at least one selected from oxygenates, C2+ hydrocarbons, and combinations thereof, the system comprising: a light gas feed consisting essentially of carbon dioxide, methane, ethane, propane, butane, or a combination thereof;at least one external high shear mixing device comprising at least one generator comprising a disk-shaped, toothed rotor and a complementarily-shaped, toothed stator separated by a shear gap, wherein the shear gap is the minimum distance between the rotor and the stator, and wherein the high shear mixing device is capable of producing a tip speed of the rotor of greater than 22.9 m/s (4,500 ft/min);a pump configured for delivering a mixture comprising the light gas and a liquid medium to the high shear mixing device;a catalytic reactor downstream of the at least one high shear mixing device, the catalytic reactor comprising a product outlet and an inlet configured to receive a dispersion of light gas bubbles in a liquid phase comprising liquid medium from an outlet of the at least one high shear mixing device; anda dehydrogenation catalyst,wherein the catalytic reactor further comprises an inlet line for injecting water, to promote steam stripping of organics therein.