Qatar Petroleum and Shell sign agreement to establish LNG bunkering JV
September 18, 2019
Qatar Petroleum and Shell have signed a Shareholder Agreement to establish a joint venture company owned equally by both parties to provide global LNG bunkering services. The new company’s principal business activities will include the procurement of LNG, setting up LNG bunkering infrastructure (storage and bunker vessels) at various strategic locations around the world, and facilitating the sale of LNG as a marine fuel to end customers around the world.
Edited from Qatar Petroleum press release.
