Qatar Said to Mull Ending Chemical Project With Exxon
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Qatar, which signed an agreement with Exxon Mobil Corp. in January to jointly build a $6 billion petrochemicals complex, may choose a different partner for the project, an official at state-run Qatar Petroleum said.
Qatar Petroleum will select as a partner the company that makes the best proposal, said the official, who declined to be identified because he wasn’t authorized to speak publicly on the issue. The Qatari energy company and Exxon Mobil have ended their agreement and Qatar is seeking new partners, Middle East Economic Digest reported, citing people close to the companies.