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QP-Shell Plan Advances

8:11 AM MDT | July 20, 2012

Qatar Petroleum (QP) and Shell have agreed to progress their previously announced petrochemical project at Ras Laffan, Qatar to the Front-End Engineering Design (FEED) phase. It follows a December 2011 agreement to study construction of the complex. QP is expected to hold an 80% stake in the project and Shell would have the rest. The planned complex would use gas feedstock and most likely include a world-scale cracker and plants making ethylene glycol, linear alpha-olefins, and...

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