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Qatar in Raslaffan project talks with Total, Shell

Project value of $60 billion to be reviewed.


November 30, 2010 10:21 by

Qatar is in talks with Total and Royal Dutch Shell to develop the Raslaffan petrochemical complex, Qatari Energy Minister Abdullah al-Attiyah said on Tuesday.

“We are in talks with Total, and we are talking to Shell,” Attiyah told reporters at a gas forum in Doha.

Exxon Mobil Corp was previously in talks with Qatar Petroelum , but a number of industry sources believe that the U.S. giant had pulled out of the project.

The Qatari oil minister added that the value of the project, estimated to be $6 billion, will be reviewed.

“The final cost of the project will be revealed once the tendering is over,” Attiyah said.

(Reporting by Regan E. Doherty and Amena Bakr)


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