Qatar Petroleum and ConocoPhillips have a statement of intent (SOI) to construct a gas-to-liquids (GTL) plant in Ras Laffan,Qatar.The SOI initiates detailed technical and commercial pre-front-end engineering and design studies and establishes principles for negotiating a heads of agreement for an integrated reservioir-to-market GTL project.More definitive contracts are expected in 2004.
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