Middle East Economic Survey

VOL. XLVIII

No 17

25-April-2005

QATAR

South Korean Consortium Wins Ras Laffan Condensate Refinery Contract

A South Korean consortium comprising GS Engineering and Construction (62%) and Daewoo Engineering and Construction announced on 18 April they had been awarded a $600mn contract to construct a condensate refinery in Ras Laffan by Laffan Refinery Company. Work on the plant, which will have a throughput capacity of 146,000 b/d, is due to start in May and be completed...