Qatar’s Pearl GTL bags ‘Asset of the Year’ award from Shell

  • Date: 15-May-2022
  • Source: GCC Business…
  • Sector: Industrial
  • Country: Qatar
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Qatar’s Pearl GTL bags ‘Asset of the Year’ award from Shell

Qatar-based gas to liquids plant, Pearl GTL has won the “Asset of the Year” award by Shell in recognition of its outstanding operational, production, sustainability, and safety performance in 2021.

Pearl GTL is a joint development between QatarEnergy and Shell. It is the largest single energy project in Qatar’s world-class energy sector.

The gas-to-liquids technology turns natural gas into high-quality liquid fuels, base oils for lubricants, and other liquid products usually made from oil. Pearl GTL is the world’s largest GTL plant, capable of producing up to 140,000 barrels of GTL products each day. The plant also produces up to 120,000 barrels per day of natural gas liquids and ethane.

According to the statement, “The prestigious award by Shell recognizes the best organizations and projects in a competitive process that includes all of Shell’s global assets around the world. This is the first time Pearl GTL has been awarded this recognition.”

On his part, Mr. Rick Tallant, the Executive Vice President of GTL and Qatar Shell President commented that, “This award is yet another proof point that Qatar is the land of achievements and accomplishments. Credit must go to QatarEnergy under the leadership of His Excellency Saad Sherida Al-Kaabi, the Minister of State for

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