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Re: DewDiligence post# 2390

Monday, 06/13/2011 3:04:33 PM

Monday, June 13, 2011 3:04:33 PM

Post# of 30545
Shell ships first gas from Pearl GTL plant:

http://finance.yahoo.com/news/First-Cargo-of-Pearl-GTL-prnews-654824676.html?x=0&.v=1

Once fully operational, Pearl GTL is expected to produce 1.6 billion cubic feet of gas per day from the North Field, which will be processed to deliver an expected 120,000 barrels per day of condensate, LPG and ethane and an expected 140,000 barrels per day of gas-to-liquids (GTL) products [i.e. 260K boe/d in all] using Shell's unique technological and project management capabilities. Shell is the operator of the Pearl GTL plant developed under a Development and Production Sharing Agreement with the Government of the State of Qatar.

See #msg-61293785 and #msg-49175823 for background.

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