Qatar Petroleum (QP) director of finance Abdulrahman al-Shaibi said that Qatar will continue to make use of the project finance market, that the possibility of floating project sukuk is being seriously considered, that a PPP law is being studied and that financing plans are being developed for the $8bn QP-Shell petrochemical plant approved in principle at the end of 2011.
Al-Shaibi said that Qatar plans to capitalise on its experience in raising more than $70bn in project financing in the past 15 years to secure further credit from the market for new projects being implemented as part of its long-term economic development plan. (Press Release)