Industries Qatar has put its multi billion dollar Al Sejeel petrochemical complex project on hold. The oil major is now studying a new scheme instead that would yield better returns.
Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) signed an agreement in February 2012 to jointly develop the Al Sajeel mega-petrochemical complex in Ras Laffan, with QP holding an 80% stake and QAPCO owning the rest.
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