A method of economically and efficiently converting natural gas into one or more liquid hydrocarbon products is provided in which the method includes the steps of: (a) building a plant comprising one or more modules for the conversion of natural gas into synthesis gas and the conversion of synthesis gas into heavier hydrocarbons and at least one product module on a transportable platform at a location that facilitates heavy construction; (b) transporting the plant to a location containing sufficient natural gas reserves for operation; (c) installing the plant near the natural gas reserve; and (d) producing intermediate or finished liquid hydrocarbon products.