QatarEnergy, Chevron Phillips sign agreement for $6 bln Ras Laffan Petrochemicals

QatarEnergy, Chevron Phillips sign agreement for $6 bln Ras Laffan Petrochemicals

QatarEnergy announced on Sunday the final investment decision on the $6 billion Ras Laffan Petrochemicals Complex with partner Chevron Pillips Chemical

Qatar, Chevron to build $6bn gas-to-plastics plant

Qatar, Chevron to build $6bn gas-to-plastics plant

Sun, 2023-01-08 15:55 DOHA: Qatar signed a $6 billion deal with Chevron Phillips Chemical on Sunday to build a plant including the biggest ethane cracker in the Middle East, converting natural gas into polyethylene and other plastics. The Ras Laffan Petrochemicals Complex, which will produce 2.1 million tons of ethylene a year along with 1.7 million tons of polyethylene derivatives, will come on stream in 2026.Main category: Business & Economy

Qatar, Chevron to build $6 billion gas-to-plastics plant

The Ras Laffan Petrochemicals Complex is set to start operating in 2026

Qatar, Chevron to build $6 billion gas-to-plastics plant

QatarEnergy has a 70 per cent equity share in the joint venture with Texas-based Chevron Phillips taking the other 30 per cent

Qatar moves ahead with $6 billion Ras Laffan petrochemicals project

QatarEnergy and Chevron Phillips Chemical Co. signed agreements to establish the Ras Laffan petrochemicals project at a cost of $6 billion, official state run Qatar News Agency said on Twitter on Jan.