Natural gasses, like ethane and methane, are hard to store and transport. However, by converting them to liquids specifically, liquid alcohols, they could be more easily stored, transported and used as fuels. Ethanol, the liquid form of ethane, is a particularly attractive form of liquid fuel because it burns cleaner and provides greater energy than its alternatives. Unfortunately, current methods for making ethanol from ethane require extreme heat (approximately 400-600 °F), making it a very expensive fuel.
To lower the temperature, and thus lower costs, a research team at the Molecular Foundry created a collection of tiny cages, a metal-organic framework (MOF) which speeds the chemical reaction that turns ethane into ethanol. In addition to their catalyzing ability of quickly turning one chemical into another, MOFs can also act as a chemical filter, capturing and holding selected molecules. By using a specially designed MOF—one in which a kind of iron was added inside the tiny molecular cages—the researchers were able to reduce the need for extreme heat, converting ethane to alcohol at just 167°F. This reduces costs involved in making the preferred form of fuel.
http://newscenter.lbl.gov/2014/07/28/cagey-material-acts-as-alcohol-factory/