Shell's Pearl GTL project, situated 80km north of Doha, was due to reach full production in mid 2012, but is late and experiencing cost overruns. It is a gas-to-liquids project aiming to convert gas into valuable liquid products like gasoil and liquid ethane (used to produce ethylene). The raw gas is coming from the North Field, roughly the size of Qatar itself.
Shell is into Qatar in a big way, but an even bigger investor is Exxon Mobil, who have invested $30bn over 10 years (Forbes) to build the world's largest collection of LNG export terminals. An export terminal is where gas is liquefied, stored and shipped to other destinations.
Shell is into Qatar in a big way, but an even bigger investor is Exxon Mobil, who have invested $30bn over 10 years (Forbes) to build the world's largest collection of LNG export terminals. An export terminal is where gas is liquefied, stored and shipped to other destinations.
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