VOL. XLV

No 48

2-December-2002

QATAR

QP/ExxonMobil/TotalFinaElf Sign $400Mn Condensate Refinery Agreement

Qatar Petroleum (QP) on 25 November signed an agreement with ExxonMobil and TotalFinaElf for the design, construction and operation of a condensate refinery, costing an estimated $400mn, in Ras Laffan Industrial City. The refinery, scheduled for start-up by end-2006, will be operated by Qatargas, with planned daily throughput of 140,000 b/d of condensate, from RasGas as well as Qatargas, to...