Royal Dutch Shell and Qatar Petroleum signing an agreement to study the development of a major petrochemical complex in the industrial city of Ras... [AmCham Gulf Cooperation Council (GCC) Project New]

Royal Dutch Shell and Qatar Petroleum signing an agreement to study the development of a major petrochemical complex in the industrial city of Ras Laffan under a 20/ 80 equity sharing deal

Royal Dutch Shell and Qatar Petroleum have signed an agreement to study the development of a major petrochemical complex in the industrial city of Ras Laffan under a 20/ 80 equity sharing deal. That was circulated by the Qatari News Agency and reported in the media quoting a press release issued by both companies. The project would have an annual design capacity to produce 1.5 million tons of mono ethylene glycol among other olefin specialty derivatives. Worth indicating is that a memorandum of understanding on the project was signed by both companies in late 2011. Country : Qatar Location : GCCC Expiry Date : 2012-09-04 Sectors : Industry/Petrochemicals Electromechanical Works/Electromechanical Works Construction Projects/Integrated works Petroleum - Oil, Gas & Petrochemicals/Petrochemicals

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