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Statement: Qatar Petroleum, Shell Sign LNG Bunkering Settlement

DUBAI, June 13 (Reuters) – Qatar Petroleum and Shell signed a framework agreement to develop global LNG bunkering facilities on Tuesday, Qatar Petroleum stated.

“We view LNG bunkering as a promising opportunity for LNG to additional develop as a clear energy supply,” Qatar Petroleum CEO Saad Sherida Al-Kaabi was quoted as saying.

“LNG demand for bunkering is expected to increase considerably over the approaching years and we consider there may be real potential for such demand crude oil refinery malaysia to achieve up to 50 million tons per annum by 2030,” he said.

LNG bunkering provides the delivery industry with a new gasoline that helps to fulfill the industry’s environmental and financial targets.

(Reporting By Reem Shamseddine and Noah Browning. Editing by Jane Merriman)

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