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Article: Qatar - The Ras Laffan Splitter Expansion.
- Article from:
- APS Review Downstream Trends
- Article date:
- September 7, 2009
CopyrightCOPYRIGHT 2009 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After delays following the collapse of world crude oil prices since July 11, 2008's peak of $147.27/b for paper WTI and an ensuing global recession, QP ordered a delay of the refining and other projects. That was caused partly by a fall in project costs, with QP and its foreign partners preferring to wait for a while longer to see contractors' prices come down further. In mid-2009, QP and its partners began to move these projects off the ground and thus was launched the one for doubling of the Ras Laffan condensate splitter's capacity to 292,000 b/d.
Laffan Refinery Co. (LRC), QP's JV firm overseeing the project, sent JGC Corp of Japan a letter of intent for the ...