Middle East Economic Survey


No 2



Qatars Pearl GTL Development Agreement Expected 3Q 2005, EPC Contract 1H 2006

An agreement on the development plan for the proposed Pearl GTL project a joint venture between Shell and Qatar Petroleum (QP) is expected to be reached in the third quarter of this year, according to the Project Director of Qatar Shell GTL, Andrew Brown, quoted in the daily al-Sharq on 4 January. Shell and QP in October 2003 signed a heads of agreement...