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Recently, Qatar Energy Company and Chevron Phillips Chemical Company announced that the two sides will start construction of the Ras Laffan Petrochemical Project in Qatar this month
.
According to the plan, the Raslavan Petrochemical Project will have a set of 2.
08 million tons/year ethane cracker, which will become the largest ethane cracker in the Middle East and one of the largest ethane crackers in the world after completion.
.
Qatar Energy and Chevron Phillips Chemical have a 70% and 30% stake, respectively, in the joint venture, which will have 1.
9 million tonnes/year of ethylene capacity and 1.
68 million tonnes/year of high-density polyethylene (HDPE).
) capacity, including two HDPE units
.
Qatar Energy said preparations for the site will begin this month, after which the engineering, procurement and construction (EPC) contract is expected to be awarded
.
The project will be completed and put into production in 2026, a year later than the target when it was first announced in 2019
.
The project has completed front-end engineering and design in 2021 and is currently in the EPC tendering phase
.
Saad Sherida Al-Kaabi, President and CEO of Qatar Energy and Minister of State for Energy Affairs of Qatar, said: "This project will increase Qatar's polyethylene production capacity by approximately 64%
.
"