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Qatar Petroleum join hands with Chevron Phillips for petrochemical project
June 25, 2019
Source: Reuters

Qatar Petroleum join hands with Chevron Phillips for petrochemical project

State-run Qatar Petroleum has inked an agreement with Chevron Phillips Chemical to construct a new petrochemicals complex. The new petrochemical plant, which is expected to come online by 2025, will be developed in Ras Laffan Industrial City. While Chevron Phillips Chemical Co (a JV between Chevron Corp and Phillips 66) will possess a 30% interest in the complex, Qatar Petroleum will own the rest.

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