Wed May 23, 2007 5:32 PM BST
LONDON, May 23 (Reuters) – Royal Dutch Shell
Sasol
“Progress is broadly in line with expectations, with estimated completion around the end of the decade,” said Adam Newton, a spokesman for Shell in London.
The project, much larger than Sasol’s plant, is central to Shell’s efforts to boost output.
GTL plants process gas into liquid fuels such as low-sulphur diesel, demand for which is growing as governments worldwide impose tougher emissions standards.
Qatar’s Energy Minister Abdullah al-Attiyah in February said GTL plants were expensive and complex. The Gulf state in 2005 called a halt on new projects from its North Field gas reservoir.
Oryx has the capacity to produce 34,000 barrels per day, making it the world’s largest commercial project of its kind. Shell’s venture will be able to produce 140,000 bpd.
Shell says GTL is a proven technology and that it has achived good results in Malaysia, where it operates a smaller 12,000 bpd GTL plant which started up in 1993.
Rising costs prompted Qatar Petroleum and Exxon Mobil Corp.
Shell has said the Pearl project will tap 3 billion barrels and cost between $4 and $6 a barrel. That implies it could cost up to $18 billion, up from an original budget of $5 billion.
“That situation is unchanged,” Newton said.
——————————————————————————–
© Reuters 2007. All rights reserved.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
