Disclosed herein is a process for monetization of natural gas by producing fuel grade dimethyl ether (DME). The process includes three reactive stages with the first reactive stage being the conversion of natural gas into syngas, the second reactive stage being the conversion of syngas into crude methanol and the third reactive stage being the production of fuel grade dimethyl ether. The management and optimization of the water and steam circuits is important to maintain net overall system efficiency and mitigation of any liquid effluents.