Logistics Gulf News
Subscription
Advertise
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Events
    • LIL KSA Summit 2025
    • Transit ME 2025
    • LIL Awards UAE 2024
    • LIL KSA Summit 2024
    • LIL Awards UAE 2023
    • LIL Summit KSA 2023
    • LIL Awards UAE 2022
No Result
View All Result
LogisticsGulfNews.com
No Result
View All Result
solitairholding solitairholding solitairholding

Qatar Energy and Chevron Philips ink a US$ 6bn deal

by Saee Joshi
March 24, 2023
in News

Ras Laffan Petrochemical Complex is expected to start production in 2026

Qatar Energy and Chevron
HE The Qatar Energy Minister and Bruce Chinn signing the accord in Doha, Qatar

Qatar Energy and the US oil company Chevron Philips Chemical Company have signed a US$ 6bn deal for a petrochemical project.

This was announced by the Qatari company in a press statement. The two companies will invest in the Ras Laffan Petrochemicals Complex considered the largest project of its kind in the Middle East. The complex is expected to go into production in 2026.

Ras Laffan will double Qatar’s ethylene production capacity and increase its polymer output from 2.6 million tons to more than four million tons a year. Overall, Qatar’s petrochemical production capacity will rise to almost 14 million tons annually.

“The integrated site also includes two high-density polyethylene derivatives units with a total capacity of 1.7 million tonnes per year,” commented Saad Al Kaabi, the Qatari Energy Minister and CEO, Qatar Energy.

The deal was signed joint by the Qatari Minister and Bruce Chinn, CEO, Chevron Phillips Chemical Company, at the Qatar Energy offices in Doha, Qatar. Under the deal, the complex will be 70 percent owned by Qatar Energy and 30 percent by Chevron Philips.

Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!

Tags: energyMOUPhilipsQatar Energy and Chevron
ShareTweetShareSend

Related Posts

Julien Calloud Appointed CEO of SAVOYE to Lead a New Era of Performance and Innovation
News

Julien Calloud Appointed CEO of SAVOYE to Lead a New Era of Performance and Innovation

June 30, 2025
JIMMY Makes Grand Entry into the UAE with AMIT Retail LLC as Exclusive Partner
News

JIMMY Makes Grand Entry into the UAE with AMIT Retail LLC as Exclusive Partner

May 20, 2025
EtihadWE Appoints First Chief People Officer (CPO)
News

EtihadWE Appoints First Chief People Officer (CPO)

May 6, 2025
Mohammad Sleiman Appointed CEO of Basatne Group MENA to Spearhead Regional Circular Economy Leadership
News

Mohammad Sleiman Appointed CEO of Basatne Group MENA to Spearhead Regional Circular Economy Leadership

April 28, 2025
Please login to join discussion

Search

No Result
View All Result

Recent News

Saudi Red Sea Authority Issues Maritime Tourism Agent License to Support Coastal Tourism Activities

Saudi Red Sea Authority Issues Maritime Tourism Agent License to Support Coastal Tourism Activities

July 10, 2025
Empower Supports Sustainable Energy Future with its Strategic Sponsorship of WETEX 2025

Empower Supports Sustainable Energy Future with its Strategic Sponsorship of WETEX 2025

July 1, 2025
Julien Calloud Appointed CEO of SAVOYE to Lead a New Era of Performance and Innovation

Julien Calloud Appointed CEO of SAVOYE to Lead a New Era of Performance and Innovation

June 30, 2025

LogisticsGulfNews.com, the niche media portal designed for the industry, is deeply committed to representing, serving and promoting the interests of the logistics and supply chain businesses in the region

Recent News

  • Saudi Red Sea Authority Issues Maritime Tourism Agent License to Support Coastal Tourism Activities
  • Empower Supports Sustainable Energy Future with its Strategic Sponsorship of WETEX 2025
  • Julien Calloud Appointed CEO of SAVOYE to Lead a New Era of Performance and Innovation

Contact Us

For Editorial Opportunities
editor@logisticsgulfnews.com

For Advertising Opportunities
info@logisticsgulfnews.com

AARYA Media FZC LLC
A- 5805-189, Business Club
Ajman Media City.
P.O Box 29127
Phone: +971 4 368 8464
Ajman- United Arab Emirates

  • About Us
  • Advertise
  • Subscription
  • Contact Us

©️ 2021 Logistics Gulf News. All rights reserved

No Result
View All Result
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Events
    • LIL KSA Summit 2025
    • Transit ME 2025
    • LIL Awards UAE 2024
    • LIL KSA Summit 2024
    • LIL Awards UAE 2023
    • LIL Summit KSA 2023
    • LIL Awards UAE 2022

©️ 2021 Logistics Gulf News. All rights reserved