VOL. XL

No. 21

26-May-1997

QATAR

QGPC And Phillips To Construct GiantPetrochemical Complex In Qatar

The Qatar General Petroleum Corporation (QGPC) signed on 19 May a Heads ofAgreement with Phillips Petroleum Company of the US for the construction of a new $750mnpetrochemical complex at the Mesaieed industrial area in Qatar. Under the agreement, which wassigned by the Qatari Minister of Energy and QGPC Chairman, Mr. 'Abd Allah bin Hamad al-'Attiyah,and Mr. Wayne Allen, Chairman and CEO of...