Qatar Petroleum plans to finance projects to the tune of US$10-13 bln in 2014, as reported by Bloomberg. The projects are likely to include two petrochemical plants and an aromatics complex. As part of the finance plan, the major plans to approach the bank market, capital market, Islamic and export credit agencies.
Qatar Petroleum plans to spend as much as $25 billion over the next five years on projects, including a planned US$6.4 bln petrochemical plant in partnership with Royal Dutch Shell Plc (RDSA) and a US$5.5 bln plant in partnership with Qatar Petrochemical Co, a unit of Industries Qatar (IQCD) QSC.
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