Qatargas, Shell sign LNG logistics agreement

Qatargas and Shell signed a memorandum of understanding (MOU) that will lead to the two companies jointly researching liquefied natural gas (LNG) logistics.

Through this joint logistics research collaboration, Qatargas and Shell aim to develop new ways to optimize supply chains to deliver to LNG global markets. The research will be conducted at the Qatar Shell Research & Technology Centre at the Qatar Science & Technology Park. The MOU was signed by Faisal Al Suwaidi, chairman and chief executive officer of Qatargas Operating Company, and Andy Brown, managing director of Pearl GTL and Qatar Shell Country Chairman. Also present at the signing was Ahmed Al Khulaifi, chief operating officer, Commercial & Shipping at Qatargas and Wael Sawan, vice president New Business Development of Qatar Shell. This research partnership we hope will develop and enhance our logistics and supply chain capabilities to allow Qatargas to deliver energy to our customers in the most effective and efficient manner possible as we grow and expand into almost every LNG market.” Brown said: “Qatargas is set to become the world’s premier LNG producer, and Shell is a pioneer in LNG spanning five decades. Therefore, it is of significant importance that Shell and Qatargas work together on this research topic to optimize LNG supply chains in the ever-more complex LNG markets. Shell is a shareholder in the Qatargas 4 LNG project currently under construction in Ras Laffan Industrial City.

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