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FINANCIAL NEWS
Qatar to hike LPG output to 11m tones next year
23 Nov 2011
(MENAFN) Mohammed Al-Sada, Qatar’s energy minister, said that his country’s annual liquefied petroleum gas (LPG) may reach 11 million tones next year, and 12 million tonnes in 2013, Reuters reported.
Al-Sada told reporters, at the inauguration of the USD19 billion Pearl GTL plant, that Qatar has 10 million tonnes available for export.
The Pearl is a joint project between Qatar Petroleum and Royal Dutch Shell located at Qatar’s industrial city of Ras Laffan. The plant produces diesel, kerosene, naphtha and lubricant oils, and will produce condensates and liquefied petroleum gas (LPG) when it reaches full capacity next year.
It is worth mentioning that propane and butane, the two gases that make up LPG, are used globally as cooking fuel, gasoline blending components and petrochemical feedstocks.
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