Abstract: Disclosed are a catalyst suitable for the conversion of carbon monoxide with steam into carbon dioxide and hydrogen, and a process therewith for said conversion. Said catalyst comprises Co, Ni, Mo and/or W active components, TiO.sub.2 -containing carrier and non-alkali metal element promoter(s). Said process comprises reacting carbon monoxide feed gas containing 0.01% or more of H.sub.2 S by volume with steam in the presence of said catalyst at a temperature between 230 to 500.degree. C. under a pressure between 0 to 10 MPa (absolute) with a relatively high yield, whereby heavy fuel can be used as a source of carbon monoxide feed gas for such a process.