VOL. XLII

No. 35

30-August-1999

QATAR

QAFAC Exports First Methanol Shipment

The Qatar Fuel Additives Company (QAFAC) has exported itsfirst methanol shipment, destined to India. The 5,000 ton cargo was bought byCanada痴 International Octane Ltd. The $690mn QAFAC petrochemical plant wascommissioned last June, with a design capacity for 850,000 tons/year ofmethanol and 620,000 t/y of MTBE. QAFAC is 50% owned by the Qatar GeneralPetroleum Corporation (QGPC), partnered by Taiwan痴 Chinese Petroleum...