Qatar to operate USD10b Barzan gas by year's end


(MENAFN) Qatar was announced that it was all set to commence the operations of Barzan gas project by this year's end.

Head and CEO of Qatar Petroleum (QP) H E Saad bin Sherida Al Kaabi made the declaration while revealing the signing of a massive petrochemicals complex development initiative.

Back in January 2011, QP penned a joint venture agreement with ExxonMobil for the USD10 billion plan.

The project is expected to increase the output of gas in Qatar by as much as 2 billion cubic feet per day.

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