19 April 2011 04:48 [Source: ICIS news]
(adds background on Shell's Pearl GTL plant in Qatar, with recasts throughout)
SINGAPORE (ICIS)--Shell International Trading Middle East (SITME) is seeking a one-year contract for the shipment of gas-to-liquid (GTL) base oils from ?xml:namespace>
SITME, a trading and shipping affiliate of petrochemical giant Shell, hopes to secure a contract of affreightment (COA) to ship the GTL base oils from
COA refers to a fixed period contract at fixed freights and port range between the ship charterer and owner.
Shell, in partnership with Qatar Petroleum, owns and operates a Pearl GTL plant at
According to the SITME tender document, each shipment under the COA will have a minimum volume of 5,000 tonnes of GTL base oils, with the maximum set at 35,000-40,000 tonnes, with no volume commitment from the charterer.
The shipments will be made to
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