Shell to Expand Projects With Qatar Petroleum, Petrochina
For international oil companies “it’s important to have long-term relationships with partners,” Qatar Shell Country Chairman Andy Brown told reporters today in Doha. “Qatar Petroleum and Petrochina are the key partners for Shell”
Shell has invested about $20 billion in Qatar in the past five years to produce gas and start making fuels with Qatar Petroleum. The Anglo-Dutch company is examining plans to deploy the gas-to-liquids technology on a “large scale” in the U.S.
“We are looking at new opportunities and we are investing heavily to mature the technology,” Brown said. He declined to elaborate on whether Qatar Petroleum will be a partner in the possible GTL project in the U.S.
To contact the reporter on this story: Eduard Gismatullin in London at email@example.com
To contact the editor responsible for this story: Will Kennedy at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.