Middle East Economic Survey

VOL. XLVIII

No 16

18-April-2005

QATAR

Q-Chem-2, Qatofin Plan To Approach Bank Market End-April

Qatars Q-Chem-2 and Qatofin projects are planning to approach the bank market for funding at roughly the same time, at the end of April, MEES learns. The two projects have separate sponsors and financial advisors but will share the same ethylene source at the Ras Laffan ethane cracker. Q-Chem-2, which is being advised by Royal Bank of Scotland (RBS), has already received a...