Metso receives a substantial valve order to Pearl GTL project in Qatar

Metso has received a valve order from JGC Corporation, Japan. Metso Automation will deliver automated on-off ball valves to the Qatar Petroleum and Shell-sponsored Pearl GTL (gas-to-liquids) project in Qatar. The main part of the deliveries is scheduled for 2008. The value of the order is not disclosed. The Pearl GTL plant will produce 140,000 barrels per day of GTL fuels and products and 120,000 barrels of oil equivalent per day of condensate, liquefied petroleum gas and ethane. JGC Corporation is one of the Pearl GTL project contractors. Metso is a global engineering and technology corporation with 2007 net sales of approximately EUR 6 billion. Its almost 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. Further information, please contact: Hans Schaap, Director, Global Key Accounts, Metso Automation, tel. +31 33 25 44 600