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Business

Qatar Is Planning A Chemical Complex

by Alexander H. Tullo
February 20, 2012 | APPEARED IN VOLUME 90, ISSUE 8

Qatar Petroleum and Qatar Petrochemical have signed a nonbinding agreement with Qatar’s Minister of Energy & Industry, Mohammed bin Saleh al-Sada, concerning construction of a petrochemical complex in the country. Slated to be completed in 2018, the plant would feature a 1.4 million-ton-per-year ethylene cracker and plants for polyethylene and polypropylene. Qatar Petroleum, Qatar’s state oil company, would have an 80% stake in the complex.

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