Gulf Oil and Gas accountACCOUNT

Shell Testing First Phase of Qatar GTL Project

Source: Reuters 5/24/2010, Location: Middle East

Royal Dutch Shell has started commissioning the first phase of its multi-billion dollar Pearl gas-to-liquids (GTL) project in Qatar, an executive of the plant said.

The GTL plant, which Shell describes as the world's largest energy project, has a price tag of up to $19 billion.

Shell expects Pearl and a liquefied natural gas (LNG) plant it is building in Qatar to generate around $4 billion a year in cash flow once running, Andy Brown, executive vice president of Pearl GTL said at an industry event in Manama. "We have steam boilers running we are heavily commissioning phase one," said Brown." Next year, we will start ramping up of phase two," he added.

Major construction of both phases of the GTL plant would be completed by the end of this year, Brown said. The LNG plant is Qatargas train 7. It would have capacity to produce 7.8 million tonnes per year of gas and is the last of the LNG plants that Qatar is building on the way to reaching target LNG capacity of 77 million tonnes per year.

Shell said earlier this year that its $21 billion investment in Qatar would make it the largest private investor in the world's largest LNG exporter, eclipsing rival Exxon Mobil.

Testing >>

Testing News in Qatar >>

Saudi Arabia >>  4/21/2019 - The Saudi Arabian Oil Company (Saudi Aramco) is to acquire Shell Saudi Arabia Refining Limited’s (Shell) 50% share of the SASREF joint venture in Juba...
United Arab Emirates >>  4/18/2019 - Eni has signed an Exploration and Production Sharing Agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant Joint Operating Agree...

Qatar >>  4/16/2019 - Qatargas Operating Company Limited (Qatargas), acting on behalf of Qatar Petroleum, and BASF SE have signed a technology license agreement for the Nor...
Saudi Arabia >>  4/15/2019 - The Saudi Arabian Oil Company (Saudi Aramco) and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramc...

Qatar >>  4/12/2019 - McDermott International, Inc. (MDR) announced a large* contract award from Qatargas for engineering, procurement, construction and installation (EPCI)...
Saudi Arabia >>  4/5/2019 - McDermott International has signed a Joint Venture Agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market ...

Related Categories: General  Hydrostatic Testing  Inspection  Laboratory Services  Non Destructive Testing  Testing 

Related Articles: General  Hydrostatic Testing  Inspection  Laboratory Services  Non Destructive Testing  Testing 


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

Oil & Gas Projects in Qatar >>

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.