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USD800m Qafac II progress
- Qatar: Sunday, December 26 - 2004 at 11:00
Qatar Fuel Additives Company has signed a heads of agreement for the USD800m Qafac II project, reported The Peninsula. This methanol and ammonia plant in Messaied is expected to start production by early 2008, and is being funded by a 30 per cent equity contribution and 70 per cent debt financing.
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Peter J. CooperSunday, December 26 - 2004 at 11:00 UAE local time (GMT+4)
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This article was updated on Wed Nov 22 2006.
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