Senior Visa official lauds progressive steps taken by the UAE
Qatari Oil Minister Abdullah Al-Attiyah and Daniel Sanders, president of ExxonMobil Chemical Co, signed a statement of intent yesterday to study schemes for an ethane-based cracker and ethylene derivatives complex, the firms said in a statement.
The proposed petrochemical complex would use ethane from new gas projects in Qatar's giant North Field and supply products to Asia and Europe.
Exxon and QP have a long-running relationship, further strengthed by a $12 billion liquefied natural gas (LNG) deal struck last October to ship 15.6 million tonnes of natural gas annually to help quench the United States thirst for liquefied natural gas imports.
Senior Visa official lauds progressive steps taken by the UAE
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