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Realistically it should have a higher energy density than hydrogen (RL, liquid hydrogen is around 8 MJ/L, where biodiesel is around 34 MJ/L), but be heavier, and harder to produce.
As it is now, the production chain complexity you've got seems pretty good to me, but it might produce too much fuel. The energy density feels too low, however, and the fuel's weight is kind of silly... each unit is 20 kg and 200 L, which is about the density of fluffy snow.
Meanwhile to finish my point which I forgot: The niche is being able to produce "oil fuel" when you don't have access to shale, in Space or on any planet that doesn't have it.
Keep in mind fuel consumption speeds. One of the biggest challenges in the EV market has been charge times and charge longevity compared to how easy it is to pump petrol and how long a tank of gas will last, and that same problem translates over to the game vs Hydrogen as well. I've found that I prefer my "gas tank" for whatever my power GENERATION system is, to last an hour on a "small" tank. (large grid 1x small hydro tank, small grid 3x small tanks, or there abouts).
Once you now where you want it to sit relative to those factors, the rest is just doing the ratio math vs the other power systems.