QatarEnergy and Chevron Phillips Chemical Company LLC announced on Monday that they have secured $4.4 billion financing for the Ras Laffan Petrochemicals project. QatarEnergy revealed in a press release that the project is a world-scale integrated polymers complex in Ras Laffan Industrial City, Qatar. The project financing comprises commercial and Islamic lenders and a group of export credit agencies. Ras Laffan Petrochemicals is a joint venture company owned 30% by Chevron Phillips Chemical and 70% by QatarEnergy, the statement added.
CP Daily: Tuesday June 20, 2023 « Carbon Pulse carbon-pulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carbon-pulse.com Daily Mail and Mail on Sunday newspapers.
China agreed another decades-long liquefied natural gas deal with Qatar in a further move to safeguard its energy security, reports Bloomberg. China National Petroleum signed a 27-year LNG purchase agreement for 4 million tons annually with QatarEnergy on Tuesday. Supply will begin in 2026 and CNPC will take a 5% equity stake in a production…