Wednesday, July 11, 2007

Shell Signs Agreements on Qatar Liquefied Gas Supply, Shipping Management

(Bloomberg) -- Royal Dutch Shell Plc, Europe's
largest oil company, signed agreements giving it access to all
the liquefied natural gas from a new project in Qatar and a 25-
year service contract to manage a fleet of 25 Qatari LNG
carriers.

``First LNG cargoes are scheduled for delivery around the
end of the decade,'' Shell said today in an e-mailed statement.
The Qatargas 4 project is owned 70 percent by Qatar and 30
percent by Shell.


Read more at Bloomberg Energy News

No comments: