Qatar appears to have scrapped the key $6bn Al-Sejeel Polymers Project only days after a major management shake-up at state oil and gas giant Qatar Petroleum.
State petrochemicals and steel investor Industries Qatar (IQ) says the 2.2mn tons/year, $6bn Al-Sejeel polymers complex at Ras Laffan “has been put on hold, and that a new downstream petrochemical project that is expected to yield better economic returns is instead under study.” (CONTINUED - 752 WORDS)
