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QatarEnergy announced that it has taken a final investment decision on its $6bn Ras Laffan Petrochemicals Project alongside partner Chevron Phillips (30%). The facility is being developed at the Ras Laffan industrial city in northern Qatar and is due to begin production in late 2026. The complex is centered on a 2.08mn t/y ethane cracker, which, once operational, will be the largest such facility in the Middle East.

Qatar Takes FID On Huge Petrochemicals Complex

QatarEnergy announced that it has taken a final investment decision on its $6bn Ras Laffan Petrochemicals Project alongside partner Chevron Phillips (30%). The facility is being developed at the Ras Laffan industrial city in northern Qatar and is due to begin production in late 2026. The complex is centered on a 2.08mn t/y ethane cracker, which, once operational, will be the largest such facility in the Middle East.

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