Qatar-Shell deal is good news for both

Beacham, Will
November 2009
ICIS Chemical Business;11/16/2009, Vol. 276 Issue 18, p5
Trade Publication
The article reflects on the benefits of the new joint venture (JV) partnership, QPI and Shell Petrochemicals Singapore, to be set up by Royal Dutch Shell PLC with Qatar Petroleum International (QPI) in Singapore. He informs that Shell has agreed to sell its 50% stake in Petrochemical Corp. of Singapore and 30% stake in Polyolefin Co. to the JV. He opines that the presence of the Qataris in Asian markets will help them increase export revenues and monetize the country's hydrocarbon reserves.


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