Gas-to-liquids processes for treating natural gas, including the steps of subjecting the natural gas to expansion through a flow restrictor so as to undergo cooling through the Joule Thomson effect. The processes then separate the resulting liquids from the remaining natural gas and processing the natural gas to form a synthesis gas. The synthesis gas is subjected to Fischer-Tropsch synthesis and the output from the Fischer-Tropsch synthesis is separated into a hydrocarbon product and an aqueous phase and the aqueous phase is steam stripped to extract the oxygenates which are then injected into the natural gas stream upstream of the flow restrictor.