Mitsubishi Corp to invest 60 bln yen in Qatar project

15-Apr-05
A plant to be built by the Mitsubishi and Royal Dutch/Shell Group JV in northern Qatar will use gas derived from a large gas field to produce light oil and naphtha, with an output estimated at 140,000 bpd. Mitsubishi Corp is also considering a tie up with Royal Dutch/Shell Group in Qatar to manufacture low-polluting alternative fuels to oil. Mitsubishi will also participate in a gas-to-liquid (GTL) project in Qatar and is expected to invest up to 60 bln yen. Mitsubishi and Royal Dutch/Shell will start mass-producing GTL fuels by 2009.
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EPS block moulding, thermocole plant

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