The revelation by QP chief executive Saad Sherida al-Kaabi of plans for a new “world scale” petrochemicals project in Qatar (see p14) represents an about-turn after the company ditched plans for a major polyolefins project in 3Q 2014 and a large ethylene glycol project in early 2015.

Mr Kaabi tells MEES that QP’s decision to extract ethane before liquefying gas for export enables it to plan for a cracker of around 1.6mn t/y capacity. QP’s withdrawal from the 1.4mn...