07 June 2011 12:51 [Source: ICIS news]
SINGAPORE (ICIS)--Shell is on schedule to have its huge gas-to-liquid (GTL) project in ?xml:namespace>
The Anglo-Dutch oil major has invested about $18bn-19bn (€12-13bn) in the project.
The Pearl GTL facility, at Ras Laffan, is the world’s biggest with a production capacity of 1.6 billion cubic feet of gas a day when fully operational. This will be processed to generate 120,000 bbl/day of GTL gasoil, kerosene, base oils, n-paraffins and naphtha.
“What we say about Pearl [GTL] is that the project is on track for GTL train 1 across mid-2011, start-up of train 2 before the end of 2011 and fully ramped up by mid-2012,” said the spokesperson in an e-mailed statement.
Pearl GTL is a joint venture between Shell and Qatar Petroleum.
The project is expected to provide the ethane feedstock for a planned cracker project of the two companies in
($1 = €0.69)
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