ARAB NEWS
DOHA: Qatar plans to spend $25 billion on expanding its domestic petrochemical industry over the next decade, an official said on Sunday.
“In the hydrocarbon area, we are now focusing on petrochemicals,” Abdulrahman Al-Shaibi, managing director of the Qatar Financial Centre Authority, said.
“We will spend $25 billion on creating additional petrochemical industries as an important feedstock for small and medium-sized companies.”
Qatar has become the world's biggest LNG exporter over the last decade.
DOHA: Qatar plans to spend $25 billion on expanding its domestic petrochemical industry over the next decade, an official said on Sunday.
“In the hydrocarbon area, we are now focusing on petrochemicals,” Abdulrahman Al-Shaibi, managing director of the Qatar Financial Centre Authority, said.
“We will spend $25 billion on creating additional petrochemical industries as an important feedstock for small and medium-sized companies.”
Qatar has become the world's biggest LNG exporter over the last decade.