Qatar Petroleum and Shell form LNG Marine fuelling venture 

Qatar Petroleum and Shell form LNG Marine fuelling venture


Qatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B.V. (Shell) are set to develop LNG marine fuelling, or bunkering, infrastructure at strategic shipping locations around the globe.

Qatar Petroleum’s President and CEO, Saad Sherida Al-Kaabi said: “We are pleased to team up with our long-term partner and industry pioneer, Shell, on this important initiative. We view LNG bunkering as a promising opportunity for LNG to further grow as a clean energy source.

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“LNG demand for bunkering is expected to increase significantly over the coming years and we believe there is real potential for such demand to reach up to 50 million tons per annum by 2030. Obviously, achieving this figure requires focused investments and the right partnership model, similar to the one we are establishing today.”

Shell’s Chief Executive Officer, Ben van Beurden said: “As two of the world’s leading LNG suppliers, Shell and Qatar Petroleum have the capability and experience to deliver LNG as a marine fuel to ship owners and operators who must meet tougher emissions regulations from 2020. We look forward to working with Qatar Petroleum to increase the availability of LNG as a fuel for transport.”

For more information visit www.shell.com

25th July 2017

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