Middle East Economic Survey
Q-Chem 2, Qatofin Achieve Financial Close
Two Qatari petrochemical projects, Q-Chem 2 and Qatofin, achieved financial close on 16 November, following the October ceremonies where financial institutions signed an agreement to provide loans to the two projects (MEES, 7 November). Q-Chem 2 saw first draw under its bank and export credit agency (ECA) facilities on 21 November. Also, the engineering, procurement and construction (EPC)...