The world-scale Ras Laffan petrochemicals complex - a $6bn integrated olefins and polyethylene facility - will be utilising “state-of-the-art design and technology” during its construction and operation to promote energy efficiency, HE the Minister of State for Energy Affairs Saad bin Sherida al-Kaabi said Sunday.
“It is important to stress the unique environmental attributes of this world-scale complex. It will have lower waste and greenhouse gas emissions, when compared with similar global facilities,” HE al-Kaabi said.
QatarEnergy has announced the Final Investment Decision (FID) with Chevron Phillips Chemical Company (CPChem) to build the Ras Laffan Petrochemicals complex.
The project marks an important milestone in QatarEnergy’s downstream expansion strategy, al-Kaabi said.
It will not only facilitate further expansion in Qatar’s downstream and petrochemical sectors, but will also reinforce the country’s integrated position as a major global player in the upstream, LNG and downstream sectors.
This will be further enhanced once the new world-scale petrochemical project in Orange, Texas, US, comes online in partnership with Chevron Phillips Chemical, executed by the joint venture Golden Triangle Polymers Company.
The Ras Laffan Petrochemicals complex, expected to begin production in 2026, consists of an ethane cracker with a capacity of 2.1mn tonnes of ethylene per year.
The 435-acre project site also includes two polyethylene trains with a combined output of 1.7mn tonnes per year of high-density polyethylene (HDPE) polymer products.
Al-Kaabi added: “Today, we are delighted to enter into this exciting new venture with Chevron Phillips Chemical, a leading an highly respected international petrochemicals company, and a long-term partner with whom we have achieved many successes, building and operating plants safely and efficiently for more than 20 years.
“Together our large and diverse portfolio will not just help meet the world’s growing needs for advanced plastics and petrochemicals, but will also enable balanced growth and facilitate human development in a responsible and sustainable manner.”