Qatargas and Shell yesterday signed a memorandum of understanding (MOU) for jointly researching liquefied natural gas (LNG) logistics.

Through this joint logistics research collaboration, Qatargas and Shell aim to develop new ways to optimise supply chains to deliver to LNG global markets.

The research will be conducted at the Qatar Shell Research and Technology Centre at the Qatar Science and Technology Park.

Faisal Al Suwaidi, Chairman and Chief Executive Officer of Qatargas Operating Company, and Andy Brown, Managing Director of Pearl GTL and Qatar Shell Country Chairman signed the agreement. Present at the signing ceremony were Ahmed Al Khulaifi, Chief Operating Officer, Commercial and Shipping at Qatargas and Wael Sawan, Vice President New Business Development of Qatar Shell.

Speaking on the occasion, Faisal Al Suwaidi said: “We are pleased to be able to be a partner with Shell in this research project. As a company we are committed to innovation and operational excellence. This research partnership we hope will develop and enhance our logistics and supply chain capabilities to allow Qatargas to deliver energy to our customers in the most effective and efficient manner possible as we grow and expand into almost every LNG market.”

Andy Brown said Qatargas is set to become the world’s premier LNG producer, and Shell is a pioneer in LNG spanning five decades.

(The Peninsula & Zawya)