State-owned Qatar Petroleum signs a JV agreement with a consortium led by Total (TOT) to build a...

|By:, SA News Editor

State-owned Qatar Petroleum signs a JV agreement with a consortium led by Total (TOT) to build a $1.5B condensate refinery in Ras Laffan Industrial City, expected to be complete by H2 2016. The refinery will have a daily production capacity of 60K barrels of naphtha, 53K barrels of jet fuel, 24K barrels of gas oil and 9K barrels of liquid petroleum gas.