Gulf Oil and Gas accountACCOUNT

First Pearl Gas to Liquids Product Off-take Agreements Signed

Source: 11/4/2008, Location: Middle East

Share |
Qatar Petroleum (QP) and Qatar Shell GTL Limited (Shell) have signed two separate heads of agreements with Gulf Petroproducts Company EC (GPC) and Tamilnadu Petroproducts Limited (TPL) regarding supply of Gas to Liquids (GTL) Normal Paraffin from the Pearl GTL project in Qatar. These are the first agreements that refer to third party product off-take from the Pearl GTL project and represent an important milestone.

The combined volume of the two heads of agreements totals over a quarter of Pearl GTL’s normal paraffin production and is destined for GPC’s proposed linear alkylbenzene (LAB) plant in Yanbu, Saudi Arabia and TPL’s existing plant in Chennai, India.

Shell and QP are negotiating with other parties concerning the remainder of the normal paraffin volume.

Abdulla H Salatt, Senior Advisor to His Excellency the Deputy Premier and the Minister of Energy & Industry, stated, "GTL represents a strategic diversification for Qatar in the development of our natural gas resources and these agreements are the first results from what we believe is a strong and focused global marketing campaign for Pearl GTL’s products. With GTL Normal Paraffin, Pearl GTL brings to the marketplace a high performance speciality product that will find its way into the growing detergents industry. Working with Shell, we feel confident we will be able to effectively allocate Pearl GTL’s valuable slate of unique GTL products within target markets around the world."

Andy Brown, Managing Director of Pearl GTL commented, "These heads of agreements are an example of the trust that other industries have in our project, our technology and our products. Pearl GTL will offer the global marketplace a diverse slate of high quality GTL fuels and products, and GTL Normal Paraffin, we believe, will be the future feedstock of choice for the LAB industry.

"Gulf Petroproducts is proud to be one of the first companies associated with product off-take from the Pearl GTL project. This agreement will provide our proposed LAB plant with a cost effective and reliable feedstock," added James L Greenberg, Vice Chairman and Managing Director of Gulf Petroproducts Company EC.

RM Muthukaruppan, Managing Director of Tamilnadu Petroproducts stated, "This agreement with Pearl GTL is another next step in our company’s ambition to become the leading LAB producer in the region".

GTL Processing News in Qatar >>

United Arab Emirates >>  2/18/2018 - On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (ADNOC) signed an agreement with Cepsa, a Spanish integrated oil and gas com...
Oman >>  2/15/2018 - Saipem has been awarded a new contract in the onshore E&C sector worth approximately USD 750 million. Work involves engineering, procurement, construc...

Kuwait >>  2/13/2018 - EQUATE Group, a global producer of petrochemicals, proudly announces that 34 Kuwaiti operations technologists have joined the company’s growing team o...
Saudi Arabia >>  2/12/2018 - Wood has secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one of its mega-projects in the Kingdom of ...

United Arab Emirates >>  2/7/2018 - A US $3.1 billion project to introduce crude processing flexibility, at the Abu Dhabi National Oil Company (ADNOC) owned Ruwais oil refinery, was anno...
United Arab Emirates >>  1/31/2018 - His Excellency Dr Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, has held a series of meetings with government and corporate leaders in B...

Related Categories: Deodorization system  Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 

Related Articles: Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 

Qatar Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 |

Oil & Gas Projects in Qatar >>

More News


Oil & Gas Companies in Qatar >>

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.