Monday 25 June 2012

Gulf Times – Final investment decision on new Qatar petrochem project in 2014

The “final investment decision” on the proposed multi-billion-dollar world scale petrochemical complex being set up jointly by Qatar Petroleum and Royal Dutch Shell at Ras Laffan, is expected in 2014, Qatar Shell chairman Wael Sawan has said.
“Currently, we are at the cusp of moving into the front-end engineering and design — FEED stage,” Sawan said in an exclusive interview with Gulf Times in Doha.
The plant, with a capacity of 1.5mn tonnes a year of mono-ethylene glycol will be the “largest MEG site” in the world, Sawan said.

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