VOL. XXXV

NO. 18

3-FEBRUARY-1992

Qatar

QGPC Signs Joint Venture Agreement for Qafac with Total and IOL

Total of France announced on 30 January that an agreement has been signed bythe Qatar General Petroleum Corporation (QGPC), Total and International OctaneLtd. of Canada for the establishment of a joint venture - the Qatar Fuel Additives Company (Qafac) - to build and operate a plant for the production ofmethanol and MTBE in Qatar. Under the terms of the agreement, QGPC holds a 50%equity share and...