Research and Markets: Qatar Petrochemicals Report Q2 2012: pressing ahead with downstream facilities
March 15 2012 - 1:07PM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/5b8590/qatar_petrochemica)
has announced the addition of the "Qatar Petrochemicals Report Q2
2012" report to their offering.
Qatar is likely to see two new petrochemicals projects come on
stream in coming years, which will tighten feedstock availability.
In anticipation of increased demand, Qatar's gas price has risen to
US$3-4 per million btu, which is higher than the US$1/mn btu
currently charged by many Middle East producers, although BMI
believes that differential is likely to narrow if not be eliminated
over the forecast period. The country is pressing ahead with
downstream facilities, and petrochemicals production capacity
across the Gulf region is set to rise by more than 40% to more than
160mn tonnes per annum (tpa) by 2016. Qatar should take a
significant share of this contribution as it accounts for 14% of
the world's total gas reserves.
Qatar Petrochemicals Report provides industry professionals and
strategists, corporate analysts, petrochemical associations,
government departments and regulatory bodies with independent
forecasts and competitive intelligence on Qatar's petrochemicals
industry.
In December 2011, Shell and Qatar Petroleum (QP) signed an
agreement for the development of a petrochemical production joint
venture (JV) in Qatar with total investment of an estimated
US$6.5bn. Shell will have a 20% stake in the JV, with QP holding
the rest. QP and Shell plan completion in 2017. The complex under
consideration includes a world-scale 1.5mn tpa steam cracker
sourcing feedstock from natural gas projects in Qatar, an ethylene
glycol plant of up to 1.5mn tpa and a 300,000tpa linear
alpha-olefins facility. Output will be mainly marketed in Asia.
Underpinned by one of the highest levels of GDP per capita in
the world and no history of political tension, Qatar remains a
bastion of stability in a highly turbulent region. Qatar's weakness
is its relative lack of economic diversification compared with
other countries in the region.
Key Topics Covered:
- SWOT Analysis
- Global Petrochemicals Overview
- Gulf Regional Overview
- Market Overview
- Industry Trends And Developments
- Business Environment
- Industry Forecast Scenario
- Macroeconomic Outlook
- Company Profiles
- Qatar Chemical Company (Q-Chem)
- Qatar Fertiliser Company (Qafco)
- Qatar Fuel Additives Company (Qafac)
- Qatar Petrochemicals Company (QAPCO)
- Qatar Plastic Products Company (QPPC)
- Qatar Vinyl Company (QVC)
For more information visit
http://www.researchandmarkets.com/research/5b8590/qatar_petrochemica