The project is a Production Sharing Agreement (PSA) between Qatar Petroleum and Shell and is based in Ras Laffan, Qatar which should be fully operational in the first half of 2012.
Background information:
Construction of the world's largest gas to liquids (GTL) plant, Pearl GTL in Qatar, is a major step towards meeting the world’s growing demand for cleaner energy.
The plant, a joint development by Qatar Petroleum and Shell, will process about three billion barrels-of-oil-equivalent over its lifetime from the world’s largest single non-associated gas field, the North Field, which stretches from Qatar’s coast out into the Gulf. The North Field contains more than 900 trillion cubic feet of gas, about 15% of worldwide gas resources. Pearl GTL will produce cleaner-burning diesel and kerosene, base oils for top-tier lubricants, a chemical feedstock called naphtha, which is used to make plastics, and normal paraffin, which is used to produce detergents.
Source: www.shell.com
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