Royal Dutch Shell plc: Shell Updates on Planned Maintenance at Pearl GTL, Qatar
THE HAGUE, The Netherlands, February 27, 2015/PRNewswire-FirstCall/ --
Royal Dutch Shell plc ("Shell")(NYSE:RDS.A) (NYSE: RDS.B) updated today that the
Pearl gas-to-liquids (GTL) plant, in Qatar has entered planned maintenance in
February 2015. Pearl GTL comprises two identical GTL 'trains', with a total
capacity of 140,000 barrels per day of GTL products plus 120,000 barrels per day
of natural gas liquids and ethane. One train, representing half the facility,
has recently begun a planned 'turnaround' maintenance programme, which will
continue for a period of some 2 months.
The Pearl GTL project was developed in two phases. The first phase started up in
early 2011 and exported the first commercial shipment of gasoil in June 2011.
The whole plant ramped up to full production at the end of 2012. The plant
produces cleaner-burning diesel and aviation fuel, oils for advanced lubricants,
naphtha used to make plastics and paraffin for detergents. It makes enough
diesel to fill over 160,000 cars a day and enough synthetic oil each year to
make lubricants for more than 225 million cars. The products reach customers in
every major energy market through Shell's global retail network.
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expressed in the forward-looking statements included in this announcement,
including (without limitation): (a) price fluctuations in crude oil and natural
gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d)
drilling and production results; (e) reserves estimates; (f) loss of market
share and industry competition; (g) environmental and physical risks; (h) risks
associated with the identification of suitable potential acquisition properties
and targets, and successful negotiation and completion of such transactions; (i)
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including regulatory measures addressing climate change; (k) economic and
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projects and delays in the reimbursement for shared costs; and (m) changes in
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statements contained or referred to in this section. Readers should not place
undue reliance on forward-looking statements. Additional risk factors that may
affect future results are contained in Royal Dutch Shell's 20-F for the year
ended December 31, 2013 (available at http://www.shell.com/investor and
http://www.sec.gov). These risk factors also expressly qualify all forward
looking statements contained in this announcement and should be considered by
the reader. Each forward-looking statement speaks only as of the date of this
announcement, 27 February 2015. Neither Royal Dutch Shell plc nor any of its
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information. In light of these risks, results could differ materially from those
stated, implied or inferred from the forward-looking statements contained in
this announcement.
We may have used certain terms, such as resources, in this announcement that
United States Securities and Exchange Commission (SEC) strictly prohibits us
from including in our filings with the SEC. U.S. Investors are urged to consider
closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC
website http://www.sec.gov . You can also obtain these forms from the SEC by
calling 1-800-SEC-0330.


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