{"id":393518,"date":"2010-03-05T07:15:00","date_gmt":"2010-03-05T12:15:00","guid":{"rendered":"tag:blogger.com,1999:blog-9864176.post-2438068299854097518"},"modified":"2010-03-05T07:24:47","modified_gmt":"2010-03-05T12:24:47","slug":"shell-aims-for-%e2%80%98new-nigeria%e2%80%99-as-qatari-gtl-plant-starts","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/393518","title":{"rendered":"Shell Aims for \u2018New Nigeria\u2019 as Qatari GTL Plant Starts"},"content":{"rendered":"

Bloomberg reports that Shell’s gas to liquids<\/a> plant in Qatar has commenced operation – Shell Aims for \u2018New Nigeria\u2019 as Qatari Plant Starts<\/a>.<\/p>\n

Royal Dutch Shell Plc spent $19 billion to build the world\u2019s largest gas-to-liquids project, triple the original estimate. Now, it\u2019s pay-off time and the plant may generate $6 billion a year for the company and Qatar.<\/p>\n

Shell needs the plant, known as Pearl, to bolster output, which fell for a seventh year in 2009 in part because rebel violence hampered oil ventures in Nigeria. Qatar, the arid Gulf state that\u2019s become the biggest exporter of gas on ships, may account for 10 percent of the company\u2019s production after Pearl and a liquefied natural gas project start deliveries next year.<\/p>\n

Shell\u2019s work in Qatar is \u201clike creating a new Nigeria,\u201d Andrew Brown, the company\u2019s executive vice president for the country, said in an interview in the capital, Doha. Pearl will begin processing gas toward the end of this year and start delivering fuel in early 2011, he said. <\/p><\/blockquote>\n

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