CPChem and QatarEnergy take FID on $6B Ras Laffan petrochemical complex

QatarEnergy and Chevron Phillips Chemical have taken final investment decision to build the Ras Laffan petrochemical project in Ras Laffan City, Qatar, with a $6 billion investment. The complex will include an ethane cracker producing 2.08 million tpy of ethylene and an HDPE plant with 1.68 million tpy capacity.

“As part of the FID signed on Jan. 8, CPChem and QatarEnergy will invest a combined $6 billion for construction of the integrated olefins and polyethylene complex.”ogj.com

• 1 source
• ogj.comCPChem, QatarEnergy take FID, ink contracts for Qatari chemical complex | Oil & Gas JournalRobert BrelsfordJan 9, 2023

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