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Shell expects production from Pearl GTL in 2011

Reuters UK

Tue Jan 26, 2010 8:52am GMT

DOHA, Jan 26 (Reuters) – Royal Dutch Shell (RDSa.L) expects first production from its gas-to-liquids (GTL) plant in Qatar in 2011, a senior company executive said on Tuesday.

The cost of the Pearl super-clean fuels plant in Qatar was pegged at $18 billion to $19 billion, the company’s regional vice-president for finance, Gerrit-Jan Smitskamp said during a MEED conference.

The GTL project will be the world’s largest and will have a capacity of 140,000 barrels per day (bpd).

Total investment in Qatar’s GTL and liquefied natural gas projects (LNG) was at $21 billion, he said earlier.

(Reporting by Simon Webb; Editing by Sue Thomas)

REUTERS ARTICLE

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