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First Pearl GTL product shipment reaches US: synthetic base oil

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Shell Lubricants announced the arrival of its first shipment of gas-to-liquid (GTL) base oil at the Port of Houston. The product, the first from the Qatar-based Pearl GTL plant to reach the Americas, will be stored at a hub in Houston and routed to Shell Lubricants’ GTL-enabled blending facilities throughout the United States.

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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.

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First gas flows to Pearl GTL

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Construction at the massive Pearl GTL project, Qatar, 2010. Qatar Petroleum and Shell announced the first flow of dedicated offshore gas into the Pearl gas-to-liquids (GTL) plant located in Ras Laffan Industrial City in the State of Qatar. Placed end-to-end the tubes would stretch from Qatar to Japan. Click to enlarge.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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Ichthys will develop approximately 3 billion barrels oil equivalent of reserves, including around 500 million barrels of condensate. million tons per year) has already been sold for 15 years under oil-linked price contracts, mostly directed to third-party consortiums of Taiwanese and Japanese buyers including INPEX.

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