Oct 20 2011 |
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Qatar: QP, Shell announce first sale of base oil from Pearl GTL plant
DOHA: Qatar Petroleum ( QP ) and Shell yesterday announced the sale of the first commercial shipment of base oil from the world class Pearl gas-to-liquids (GTL) plant.Production of the base oil represents the next development in the ongoing ramp up in the first production unit (train) at Pearl GTL plant. The second train is expected to start up before the year ends. The plant is scheduled to reach full production capacity by the middle of 2012.
The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada said he was pleased with progress in the Pearl GTL project, which offers Qatar an opportunity to further diversify its revenues from the North Field gas resources. "The production of base oil from the facility is yet another achievement toward cementing Qatar's global position as the premier supplier of quality GTL products," the minister said.
Peter Voser, Chief Executive Officer of Royal Dutch Shell , said the shipment is another milestone in their partnership with Qatar Petroleum to deliver the world's largest Gas to Liquids plant.
GTL base oils represent an alternative starting point for the manufacture of finished lubricants, which help keep vehicle engines, gearboxes and transmissions operating smoothly. Following ramp up, the Pearl GTL project will be one of the world's largest sources of lubricant base oils with the capacity to produce about 30,000 barrels per day, enough to fill 225 million cars per year.
© The Peninsula 2011
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