Gas rich Qatar in talks with Total and Royal Dutch Shell for petrochemical co operation

02-Dec-10
As it seeks to find more ways of using its rich gas resources, Qatar (world number one exporter of liquefied natural gas), is in talks with Total SA and Royal Dutch Shell Plc about possible construction of a petrochemical complex. Total has designs ready for a new petrochemical complex in Qatar if a US$6 bln project announced by Exxon Mobil Corp. early this year is canceled. State-controlled Qatar Petroleum signed an agreement with Exxon in January to build a petrochemical complex that would be the emirate's biggest single energy-related project ever. Exxon's planned facility was to include a 1.6 mln tpa steam cracker, two 650,000 tpa polyethylene plants and a 700,000 ton ethylene glycol unit.
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