QATAR

QP And QAPCO Agree Deal For $5.5Bn Petrochemical Plant

State-owned Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) have signed a heads of agreement deal to build a $5.5bn petrochemical complex at Ras Laffan in a move described as “strategically important” for Qatar by its Minister of Energy and Industry Muhammad al-Sada. The agreement, signed on 13 February, is for a world-scale steam cracker petrochemical complex, expected to produce 1.4mn tons/year of...