Middle East Economic Survey

VOL. XLIX

No 50

11-Dec-2006

QATAR

QP, QEWC, Marubeni Form JV For Mesaieed Power Project

Qatar Petroleum (QP), Qatar Electricity and Water Company (QEWC), and Marubeni on 6 December signed a joint venture agreement establishing the Mesaieed Power Company to develop the Mesaieed-A Power Project in Mesaieed Industrial City (MIC). Under the agreement, QP will hold a 20% share in Mesaieed Power Company with QEWC and Marubeni Corporation each holding a 40% share. The combined...