Fluor Corporation has announced that Qatar National Facilities Services (QNFS), a new venture partly owned by Fluor, signed a major long term maintenance and services contract with Qatar Shell Gas to Liquids Limited (QSGTL) for its Pearl Gas to Liquids (Pearl GTL) project in the industrial city of Ras Laffan, Qatar.
Five year contract
The Pearl GTL project is being developed under a production sharing agreement with Qatar Petroleum. Following a competitive tendering process, the new contract was awarded to provide maintenance services for the utilities and gas to liquids process sections of the plant. The contract has a five year duration and financial terms were not disclosed.
Last week, the contract was signed as part of a public ceremony held by QSGTL officials.
New joint venture in Qatar
QNFS is a Qatari registered company jointly owned by the Qatar-based Trading and Agency Services (TRAGS) and US based Fluor Corporation. QNFS is operated as part of Fluor's Global Services Business Group.
Pearl GTL: world’s largest gas to liquids plant
Upon completion, the Pearl GTL project will be the world's largest gas to liquids plant. Major construction is expected to be complete by the end of 2010 with production ramp up in 2011.
Pearl GTL will produce liquid fuels, lubricants and chemical feedstocks from natural gas, opening new markets for Qatar's natural resources. It will also produce significant quantities of natural gas liquids and ethane.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/15042010/fluors_new_venture_in_qatar_awarded_contract_for_pearl_gtl_project/