Qatar Petroleum (QP) has invited a group of leading international companies, with extensive experience in the petrochemicals industry, to submit proposals for partnership in the development and operation of a new world scale Petrochemicals Complex at Ras Laffan Industrial City.
The Petrochemicals Complex will include an ethane cracker with a capacity of more than 1.6 million tonnes of Ethylene per annum, making it the largest ethane cracker in the Middle East, and one of the largest in the world. The Petrochemicals Complex will also include world-class derivative plants, which will consolidate Qatar’s position among the leading petrochemicals producers in the world markets. The engineering design of the Petrochemicals Complex should commence shortly, leading to a planned start-up in 2025.
QP President and CEO Saad Sherida Al Kaabi said that this development marks another important milestone for Qatar Petroleum.
Petrochemicals represent a major pillar of our growth strategy, to achieve our vision of becoming one of the best national oil companies in the world. This project will complement our efforts and will enable us to further expand our footprint in the global petrochemicals markets.’
The feedstock for the Petrochemical Complex is ethane, produced primarily from the new North Field LNG expansion project that will also produce an additional 23 MTPA of LNG. For updates and more information, visit qp.com.qa.