Qatar Petroleum has signed contracts worth US$26 billion from 2005 to 2010, 65 per cent (more than US$16.7 billion worth) of which had gone to Qatari companies.
Petrochemicals
QP and Shell to study US$6 billion petrochemical plant
Qatar Petroleum (QP) and Royal Dutch Shell signed a preliminary agreement to construct a US$6 billion petrochemical plant in Ras Laffan Industrial City in Qatar.
Gulf Petrochemical production levels reaches record heights
Production levels at the Gulf Petrochemical Industries Company (GPIC) hit record highs in 2010.
Asian demand proves profitable
China and Indias growing demand for petrochemicals will continue to benefit the Middle East and North African (MENA) region, say analysts.
Iran's Mehr Petrochemical changing tack
Irans Mehr Petrochemical may start producing grades other than film-grade high density polyethylene at its plant due to a shortage of butane-1 feedstock, according to reports.