The Emir of Qatar has inaugurated Royal Dutch Shell plc (LON:RDSA)’s joint venture, Pearl GTL Project.
Royal Dutch Shell plc (LON:RDSA) Wins Qatar Approval
The Emir of Qatar, His Highness Sheikh Hamad bin Khalifa Al-Thani inaugurated the Pearl Gas to Liquids (GTL) Project.
Pearl GTL, the largest GTL plant in the world and the largest energy project in Qatar, has been jointly developed by Qatar Petroleum and Royal Dutch Shell plc (LON:RDSA).
Through innovative technology and engineering, Pearl GTL converts natural gas into liquid fuel.
Peter Voser, CEO of Royal Dutch Shell plc (LON:RDSA), said that, “Pearl GTL is a tribute to the remarkable partnership between Qatar Petroleum and Royal Dutch Shell plc (LON:RDSA). The inauguration of Pearl GTL represents an historic milestone for Royal Dutch Shell plc (LON:RDSA), and for our industry as a whole. It marks the culmination of five years of project delivery, and over 35 years of Gas to Liquids technology development at Royal Dutch Shell plc (LON:RDSA). Royal Dutch Shell plc (LON:RDSA) is proud of what has been accomplished and privileged to have contributed to Pearl GTL’s success with our innovation, technology and project delivery capabilities. Royal Dutch Shell plc (LON:RDSA) would like to extend its deepest appreciation to the people of Qatar for the enormous support we have received during the development and execution of the Pearl GTL project. Royal Dutch Shell plc (LON:RDSA) looks forward to continuing our partnership through the operations phase, delivering high quality fuels and products right across the world for decades to come”.
Royal Dutch Shell plc (LON:RDSA) stocks stood at 2117 at the end of the last trading session.
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