Middle East Economic Survey
VOL. XLVIII
No 21
23-May-2005
Qatar Cautious On GTL Development Timings As EPC Costs Soar 40-50%
Bill Farren-Price reports from London.
A rise of 40-50% in engineering, procurement and construction (EPC) costs, caused by spiraling steel and other raw material prices and general under-capacity within the sector, has forced Qatar to put the brakes on the three of its most recently planned gas-to-liquids (GTL) projects, according to Qatar Petroleum (QP) Director of...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!