Qatar Petroleum (QP) and Shell have signed a Head of Agreement to build $6.4 billion olefins and derivatives complex in Ras Laffan, Qatar. QP and Shell have already performed the feasibility study of this complex to be owned 80% by QP and 20% by Shell and to supply the Asia markets.
The project includes:
– A steam cracker
– A 1.5 million t/y Ethylene Glycol (EG) plant, using Shell proprietary Omega technology
– A 300 000 t/y Linear Alfa Olefins using the Shell Higher Olefins Process (SHOP)
– Another 200 000 t/y other Olefins derivatives.
