Shell to accelerate LNG fuel partnering with Qatar Petroleum

Oil majors Shell and Qatar Petroleum join forces to create a company that will develop LNG fuel infrastructure for the shipping industry.

Photo: Colourbox

Oil companies Shell and Qatar Petroleum form a partnership aimed at further developing LNG as a fuel in the shipping industry.

More specifically, the deal entails establishment of an equally shared joint venture, which will handle LNG purchases and establish bunker infrastructure around the world for liquefied natural gas in the form of storage facilities and bunkering vessels. Finally, the company will also handle sales of LNG as a ship fuel to shipping companies, the two companies inform in a statement

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