Middle East Economic Survey

VOL. XLIX

No 43

23-Oct-2006

QATAR

QP, ExxonMobil Launch Feasibility Study For $3Bn Ras Laffan Petrochemical Complex

Qatar Petroleum (QP) and ExxonMobil announced on 15 October they had signed a Heads of Agreement (HOA) to carry out studies for a proposed $3bn world-scale petrochemical complex in Ras Laffan. The proposed complex includes a 1.3mn tons/year steam cracker (using a mixed feed of ethane and propane) and associated derivative units, including polyethylene and...