Middle East Economic Survey
ExxonMobil And QP Pushing Ahead With $8bn Ras Laffan Petrochemicals Venture
ExxonMobil and state-owned Qatar Petroleum (QP) are pushing ahead with their planned petrochemical complex at Ras Laffan. A tender for engineering, procurement and construction (EPC) on a reimbursable costs basis is likely to be put out by mid-year, with award towards the end of the year or in early 2011, an engineering source tells MEES. The project, which aims...