Qatar Petroleum and Shell Agree to Develop Petchems Project in Qatar

Qatar Petroleum (QP) and Shell have signed a memorandum of understanding to study jointly the development of a major petrochemicals complex at Ras Laffan, Qatar. The announcement confirms CW's exclusive report earlier this month that the two companies are still in negotiations on the joint venture, having signed a letter of intent in 2006.   The proposed complex is expected to be based on a world-scale ethane cracker. The scope of the downstream projects under consideration includes an ethylene glycol plant of up to 1.5 million m.t./year using Shell’s...

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