Express Newsline (India): Shell and Qatar Gas Deal Could be Important for Energy Needs: “Shell went some way to replenishing its tapering reserves as it has signed a £3bn gas deal with the government of Qatar.” (ShellNews.net) 1 March 05

Publish Date: 3/1/2005 Source: Middle East News ExpressNewsline.com

The project, in which Shell will have a 30% stake, is the Anglo-Dutch giant (SHELL) has its first LNG plant in Qatar in which Shell has 30% stake. Shell's agreement, under the name Qatargas-4, foresees the building of new facilities to handle 1.4 billion cubic feet of gas, and 7.8 million tones of LNG each year from 2011 onwards.

The company has six similar operations running elsewhere in the world. Shell went some way to replenishing its tapering reserves as it has signed a £3bn gas deal with the government of Qatar. Qatar Petroleum owns 70 percent of the joint venture, named Qatar gas II.

Qatar gas II will further commercialize the huge Qatar North Field, which cradles 900 trillion cubic feet of natural gas, around 10 percent of the world's proven total with Irving. Production and transport of LNG is a complex and expensive process, requiring sophisticated shipping and receiving infrastructure.

 The gas must be cooled to minus-260 degrees Fahrenheit, which allows it to be compressed and transported aboard oceangoing tankers. Once it arrives, the super-cooled fuel must be warmed to a gaseous state before being pumped into delivery pipelines

http://www.expressnewsline.com/2005/03/story2005a-insight-shell+Qatar+deal-status-16-newsID-101.html

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