Chemical industry in Qatar

Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.

Establish joint governance to evaluate and allocate natural gas, power and related resources to downstream industrial projects and create a medium-industries zone in Mesaieed.

Commercial discovery declared for the Glaucus and Pegasus fields in Block 10 offshore Cyprus; parties will advance regulatory approvals and development planning.

Urges targeted clarifications to the EU Methane Regulation and requests stop‑the‑clock, grandfathering and penalty relief ahead of January 2027 provisions.

Operational accident at Ras Laffan's Barzan facility after a recent restart; emergency teams extinguished the fire, investigation is underway while exports remain unaffected.

An operational incident during Ras Laffan start‑up sparked an explosion and fire at the Barzan local gas supply facility; emergency teams have contained the blaze.

MoU to study commercializing Cyprus gas via Egypt’s existing gas and LNG export infrastructure, explore flexible frameworks, boost Eastern Mediterranean integration and supply diversification.

MoU creates a framework for technical review and commercial discussions to assess exploration of offshore Block 3 in Syria's Mediterranean.

Minister Al-Kaabi praised Khalid Laram's 40+ years of service, noting roles since 1985 in North Field development, early LNG trains, NGL-4, deputy GM posts and a 2015 CEO appointment.

FID taken and financing secured for Kazakhstan wind+BESS project; $1.2B investment (75% external). 25‑yr PPA; ~100 TWh over 25 yrs to power ~1M people. Partners: 60/20/20; Saft supplies BESS.