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First Cargo of Pearl GTL Products Ship From Qatar

Source: www.gulfoilandgas.com 6/13/2011, Location: Middle East

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Qatar Petroleum and Shell announced that the Pearl gas-to-liquids (GTL) plant, located in Ras Laffan Industrial City in the State of Qatar, has sold its first commercial shipment of GTL Gasoil.

The sale marks the start of production of GTL products when the State of Qatar and Shell, the operator of the Pearl GTL plant, begin to receive revenue from the project. Over the coming months, production will ramp up from the first production unit ('train') of the Pearl GTL project. The second train is expected to start up before the end of 2011. The plant is expected to reach full production capacity by the middle of 2012 and is the largest energy project ever launched in the State of Qatar.

His Excellency Dr. Mohammed bin Saleh Al-Sada, Qatar's Minister of Energy and Industry said: "The Pearl GTL project will play an important role in further enhancing our diversification of the North Field gas utilization and will support the optimization of Qatar's competitive position in the world markets by supplying high quality GTL products. I wish the Qatar Petroleum and Shell teams all the success in bringing this project into full production safely and successfully."

Peter Voser, Chief Executive Officer of Royal Dutch Shell said: "Today's milestone provides further evidence that innovative technology and strong partnerships can help meet the world's growing need for energy. I would like to thank Qatar Petroleum and the State of Qatar for their support throughout, to make such a substantial project possible."

Once fully operational, Pearl GTL is expected to produce 1.6 billion cubic feet of gas per day from the North Field, which will be processed to deliver an expected 120,000 barrels per day of condensate, LPG and ethane and an expected 140,000 barrels per day of gas-to-liquids (GTL) products using Shell's unique technological and project management capabilities.

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