{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","color":"brand1-solid","model":{"title":"Qatar Petroleum and Shell sign Heads of Agreement","text":"\u003Cp\u003EHis Excellency Dr Mohammed bin Saleh Al-Sada, Minister of Energy and Industry of the State of Qatar, and Peter Voser, Chief Executive Officer of Shell, signed today a Heads of Agreement that sets the scope and commercial principles for the development of a world-scale petrochemicals complex in Ras Laffan Industrial City, Qatar.\u003C/p\u003E\r\n","links":[{"name":"Qatar Petroleum and Shell sign Heads of Agreement","value":"https://www.shell.com/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011.html"}],"date":"2011-12-04T12:42:00Z"},"id":"/content/shell/corporate/global/en_gb/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011/jcr_content/root/metadata"},{"organism":"ContentOwner","color":"brand1-solid","model":{},"id":"/content/shell/corporate/global/en_gb/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://www.shell.com/_jcr_content/root/header/inherited.model.json","id":"/content/shell/corporate/global/en_gb/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://www.shell.com/"},{"name":"Business customers","value":"https://www.shell.com/business-customers.html"},{"name":"Shell Chemicals","value":"https://www.shell.com/business-customers/chemicals.html"},{"name":"News and Media","value":"https://www.shell.com/business-customers/chemicals/media-releases.html"},{"name":"2011 media releases","value":"https://www.shell.com/business-customers/chemicals/media-releases/2011-media-releases.html"},{"name":"Qatar Petroleum and Shell sign Heads of Agreement","value":"https://www.shell.com/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011.html"}]},"id":"/content/shell/corporate/global/en_gb/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/corporate/global/en_gb/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader.Date","color":"brand2","model":{"title":"Qatar Petroleum and Shell sign Heads of Agreement","text":"\u003Cp\u003EHis Excellency Dr Mohammed bin Saleh Al-Sada, Minister of Energy and Industry of the State of Qatar, and Peter Voser, Chief Executive Officer of Shell, signed today a Heads of Agreement that sets the scope and commercial principles for the development of a world-scale petrochemicals complex in Ras Laffan Industrial City, Qatar.\u003C/p\u003E\r\n\r\n\r\n\r\n\r\n","date":"2011-12-04T12:42:00Z"},"id":"/content/shell/corporate/global/en_gb/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011/jcr_content/root/main/section/item"},{"organism":"Container.Gapless","color":"brand2","children":[{"organism":"PromoSimple.Text","color":"brand2","id":"/content/shell/corporate/global/en_gb/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011/jcr_content/root/main/section/simple/text","model":{"text":"\u003Cp\u003EThis agreement follows the conclusion of a joint feasibility study conducted by the partners, Qatar Petroleum and Shell.\u003C/p\u003E\r\n\u003Cp\u003EThe scope under consideration includes a world-scale steam cracker, with feedstock coming from natural gas projects in Qatar; a mono-ethylene glycol plant of up to 1.5 million tonnes per annum using Shell’s proprietary OMEGA (Only MEG Advantaged) technology; 300 kilotonnes per annum of linear alpha olefins using Shell’s proprietary SHOP (Shell Higher Olefin Process); and another olefin derivative. The complex will produce cost-competitive petrochemicals products to be marketed primarily into Asian growth markets. Qatar Petroleum will have an 80% equity interest in the project and Shell 20%.\u003C/p\u003E\r\n\u003Cp\u003EHis Excellency Minister Al-Sada said: “This critical petrochemicals project fits well with Qatar’s strategy to strengthen and further diversify its growing chemicals industry and represents an important milestone on our journey to become a significant global petrochemicals producer. In line with directives of His Highness, the Emir, Sheikh Hamad Bin Khalifa Al Thani, this large petrochemicals complex will provide Qatar with another viable option to extract optimal value from its natural gas resources.” \u003C/p\u003E\r\n\u003Cp\u003EPeter Voser added: “This agreement marks the beginning of another partnership with Qatar Petroleum for the development of a world-scale petrochemicals project in Qatar. Coming on the heels of the inauguration of Pearl GTL, this new venture demonstrates the commitment of both parties to deepen our relationship even further. Shell values the opportunity to bring to Qatar the expertise and technology necessary to deliver a petrochemicals project of this scale and looks forward to its successful delivery.”\u003C/p\u003E\r\n\u003Cp\u003EQatar Petroleum and Shell have delivered Pearl Gas-to-Liquids (GTL) and Qatargas 4 this year, two of the world’s largest projects built in Ras Laffan Industrial City.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand2","id":"/content/shell/corporate/global/en_gb/business-customers/chemicals/media-releases/2011-media-releases/pr-december-2011/jcr_content/root/main/section/simple/text_1600081814","model":{"title":"For further information, please contact:","text":"\u003Cp\u003E\u003Cb\u003EQatar Petroleum\u003C/b\u003E\u003C/p\u003E\r\n\u003Cp\u003ESultan Al-Abdulla: +974 4494 6445\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EShell Media Relations\u003C/b\u003E\u003C/p\u003E\r\n\u003Cp\u003EQatar - Maartje Snellen: +974 6678 8447\u003C/p\u003E\r\n\u003Cp\u003EGroup - Kim Blomley: +44 207 934 5550\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EShell Investor Relations\u003C/b\u003E\u003C/p\u003E\r\n\u003Cp\u003EEurope - Tjerk Huysinga: +31 70 377 3996 \u003C/p\u003E\r\n\u003Cp\u003EUnited States - Ken Lawrence: +1 713 241 2069\u003C/p\u003E\r\n\u003Cp\u003E \u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003ECautionary Note\u003C/b\u003E\u003C/p\u003E\r\n\u003Cp\u003EThe companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them.\u003C/p\u003E\r\n\u003Cp\u003EThese expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this release refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence.\u003C/p\u003E\r\n\u003Cp\u003EThe companies in which Shell has significant influence but not control are referred to as “associated companies” or “associates” and companies in which Shell has joint control are referred to as “jointly controlled entities”. In this release, associates and jointly controlled entities are also referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect (for example, through our 24% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.\u003C/p\u003E\r\n\u003Cp\u003EThis release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.\u003C/p\u003E\r\n\u003Cp\u003EForward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘probably’’, ‘‘project’’, ‘‘will’’, ‘‘seek’’, ‘‘target’’, ‘‘risks’’, ‘‘goals’’, ‘‘should’’ and similar terms and phrases.\u003C/p\u003E\r\n\u003Cp\u003EThere are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition; (g) environmental and physical risks;\u003C/p\u003E\r\n\u003Cp\u003E(h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory measures as a result of climate changes;\u003C/p\u003E\r\n\u003Cp\u003E(k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions.\u003C/p\u003E\r\n\u003Cp\u003EAll forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended 31 December, 2010 (available at \u003Cb\u003E\u003Ca href=\"https://www.shell.com/investors.html\" target=\"_self\"\u003Ewww.shell.com/investor\u003C/a\u003E\u003C/b\u003E and \u003Cb\u003E\u003Ca href=\"http://www.sec.gov/\" target=\"_blank\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/b\u003E - opens in new window).\u003C/p\u003E\r\n\u003Cp\u003EThese factors also should be considered by the reader. Each forward-looking statement speaks only as of the date of this release, 4 December 2011. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information.\u003C/p\u003E\r\n\u003Cp\u003EIn light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release. There can be no assurance that dividend payments will match or exceed those set out in this release in the future, or that they will be made at all.\u003C/p\u003E\r\n\u003Cp\u003EThe United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions.\u003C/p\u003E\r\n\u003Cp\u003EWe use certain terms in this release, such as resources and oil in place, that SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website \u003Cb\u003E\u003Ca href=\"http://www.sec.gov/\" target=\"_blank\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/b\u003E - opens in new window. 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