Middle East Economic Survey


No 28


Question Mark Over $6Bn ExxonMobil Qatar Petrochemicals Project

State-owned Qatar Petroleum (QP) expects ExxonMobil to drop out of a planned $6bn joint venture petrochemical complex in Ras Laffan, a Qatari source tells MEES. Shell is the front runner to take its place, if it happens, he said. Such a move following ExxonMobils exit from its Qatar gas-to-liquids (GTL) project would reinforce Shells presence in the country, where it is due to...