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Bloomberg: Shell Signs Agreements on Qatar LNG Supply, Shipping Management

By Stephen Voss

July 11 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company, signed agreements giving it access to all the liquefied natural gas from a new project in Qatar and a 25-year service contract to manage a fleet of 25 Qatari LNG carriers.

The agreements were signed today by Shell’s head of gas and power, Linda Cook; Qatari Energy Minister Abdullah al-Attiyah; and Qatargas Chief Executive Officer Faisal Bin Mohammed Al Suwaidi, Shell said in an e-mailed statement.

The Qatargas 4 project comprises facilities to produce about 1.4 billion cubic feet per day of natural gas, including some liquefied petroleum gases and condensates. Shell will supply the LNG to the eastern U.S., starting “around the end of the decade,” Shell said.

To contact the reporter on this story: Stephen Voss in London at [email protected]

Last Updated: July 11, 2007 04:53 EDT

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