The effect of the quality of various domestic commercial HZSM-5 zeolites on the properties of bifunctional cobalt catalyst represented by a composite mixture was studied in the Fischer – Tropsch synthesis. Activities and selectivities of the catalyst samples were compared. The fractional and hydrocarbon composition of the synthesis products was investigated; viscosity-temperature characteristics of the diesel fuel fraction were estimated. A promising HZSM-5 zeolite sample was selected for practical implementation of the catalytic technology.