Total, Qatar Discuss Petrochemical Plant
From feeds.thestreet.com
DOHA, Qatar -- French petroleum company Total SA is in talks with Qatar about building a $6 billion petrochemical plant there, according to a published media report.
A representative of Total Petrochemicals, a unit of Total SA, said discussions had begun but were in an early stage, according to a report published on The Wall Street Journal's Web site.
In January, ExxonMobil signed an agreement with Qatar's state-controlled oil company, Qatar Petroleum, to build a petrochemical facility, but the Journal report said there are signs that ExxonMobil has pulled out of the project.
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