THE NEW DI­REC­TION

Qatar Today - - BUSINESS > OIL & GAS -

Qatar Petroleum and Royal Dutch Shell have agreed to de­velop LNG as a marine fuel for use by the world's largest con­tainer ship­ping com­pany, A.P. Moller-Maersk, ac­cord­ing to a state­ment by Qatar­gas on Fe­bru­ary 22.

Qatar­gas, the world's largest LNG pro­ducer, said the three com­pa­nies signed a mem­o­ran­dum of un­der­stand­ing which sees Qatar­gas 4, a joint ven­ture be­tween Qatar Petroleum and Shell, pro­duc­ing the fuel for use by Maersk Line. Most ship­ping com­pa­nies cur­rently use heavy fuel oil, or bunker fuel, to pro­pel their ves­sels although LNG as marine fuel has been used by some ships in the past decade.

DNV GL, an in­ter­na­tional energy and ship­ping cer­ti­fi­ca­tion agency, says while most of the in­dus­try will con­tinue to use heavy fuel oil for now, LNG is be­ing used more, in part be­cause it more eas­ily meets cur­rent and pro­posed emis­sion rules. “This co­op­er­a­tion be­tween Qatar­gas, Maersk Group and Shell rep­re­sents an im­por­tant step in de­vel­op­ing LNG as a vi­able fuel for mar­itime transportation,” Maersk's CEO, Nils Smede­gaard An­der­sen, said in a state­ment is­sued by Qatar­gas. “The pos­si­ble use of LNG as fuel for ships presents an op­por­tu­nity to re­duce both SOx emis­sions and in re­duc­ing the trans­port sec­tor's CO2 foot­print.” Doha: Qatar's Min­is­ter of Energy and In­dus­try Mo­hammed Saleh Al Sada (R),Saudi Ara­bia's Min­is­ter of Petroleum and Min­eral Re­sources Ali Al Naimi (C), and Venezuela's Min­is­ter of Petroleum and Min­ing Eu­lo­gio Del Pino (L) at­tend a press con­fer­ence on Fe­bru­ary 16, 2016 in the Qatari cap­i­tal, Doha.

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