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Shell Sells First Gasoil Cargo From Pearl Gas-to-Liquids Plant

By Brian Swint – Jun 13, 2011 8:56 AM GMT+0100

Royal Dutch Shell Plc (RDSA) sold the first cargo of gasoil from the Pearl gas-to-liquids plant in Qatar, advancing the project that aims to bolster production growth for Europe’s biggest oil company.

The first commercial shipment of fuel was sold from the world’s largest GTL plant today, Shell and Qatar said in an e- mailed statement, without saying who bought the cargo. Pearl will reach full capacity by the middle of 2012, when it is expected to produce 1.6 billion cubic feet of gas per day from the North Field for conversion into kerosene, gasoil, base oils, paraffin and naphtha, Shell said.

Shell Chief Executive Officer Peter Voser said the company will boost output by 11 percent between 2009 and 2012 on new projects in the Middle East, Brazil and Australia. Shell’s $19 billion investment in GTL technology in Qatar may also be used to convert U.S. shale gas into jet fuel and diesel.

“Today’s milestone provides further evidence that innovative technology and strong partnerships can help meet the world’s growing need for energy,” Voser said in a statement.

To contact the reporter on this story: Brian Swint in London at [email protected]

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