VOL. XLIV

No. 27

2-July-2001

QATAR

Chevron Phillips And QP To Develop Ras Laffan Petrochemicals Project

Chevron Phillips Chemical Company and Qatar Petroleum (QP) announced on 25 June that they had signed a joint-venture agreement for the development of a world-scale petrochemical project at Ras Laffan, scheduled for completion in 2006. The project involves the construction of an ethylene cracker with a capacity of up to 1.2mn tons/year, a polyethylene plant capable of producing more than 750,000...