Abstract: A process for the preparation of liquid hydrocarbons from a light hydrocarbonaceous feedstock in combination with a process for liquefying natural gas, which liquefaction process involves the steps of (a) passing the natural gas at liquefaction pressure through the product side of a main heat exchanger; (b) introducing cooled liquefied refrigerant at refrigerant pressure in the cold side of the main heat exchanger, allowing the cooled refrigerant to evaporate at the refrigerant pressure in the cold side of the main heat exchanger to obtain vaporous refrigerant at refrigerant pressure, and removing vaporous refrigerant from the cold side of the main heat exchanger; (c) removing the liquefied gas at liquefaction pressure from the product side of the main heat exchanger; (d) allowing the cooled liquefied gas to expand to a lower pressure to obtain expanded fluid; (e) supplying the expanded fluid to a separator vessel; (f) withdrawing from the bottom of the separator vessel a liquid product stream; (g) withdrawi