Middle East Economic Survey


No 5


Qatar Requires Minimum $3Bn Project Finance In 2005

Qatar will require a minimum of $3bn in project finance in 2005 to cover the needs of the two petrochemical projects Qatofin and Q-Chem-2 and the RasGas-2 LNG expansion. If Qatargas-3 and Qatar Fuel Additives Company (Qafac) come to market before the end of the year, the requirement would climb by a few more billion dollars, although exact needs for some of these projects have not yet...