Emir of Qatar inaugurates Pearl GTL Project

Posted by on Nov 29, 2011 in News & Deals | 0 comments

  

Emir of Qatar inaugurates Pearl GTL Project

11.22.2011

His Highness Sheikh Hamad bin Khalifa Al-Thani, The Emir of Qatar today officially inaugurated the Pearl Gas to Liquids (GTL) Project, the largest GTL plant in the world and the largest energy project in the state of Qatar. The state-of-the-art technologies will be used to convert natural gas resources from Qatar’s North Field into high quality liquid fuels and products that will be sold at premium all over the world. Pearl GTL has been jointly developed by Qatar Petroleum and Shell creating an additional route for Qatar to generate value from its enormous supply of gas. Using innovative technology and engineering, Pearl GTL turns natural gas into high quality liquid fuels and products, thereby realizing the full upside of accessing the oil markets. CEO of Shell Peter Voser said: “Pearl GTL is a tribute to the remarkable partnership between Qatar Petroleum and Shell. The inauguration of Pearl GTL represents an historic milestone for Shell, and for our industry as a whole.”