Financial adviser Taylor-DeJongh has been awarded an advisory mandate to represent US Ex-Im Bank on the Q-Chem II project in Qatar. The Q-Chem II project is the follow-on project to the Q-Chem I project, a joint venture between Qatar Petroleum (QP) and Chevron Phillips, which commenced operations in 2003.
The project facilities consist of a petrochemical complex, an ethylene cracker plant, an ethylene pipeline connecting the plant to the complex, and facilities to be shared by Q-Chem I and Q-Chem II.
Taylor-DeJongh’s responsibilities include detailed analysis of the project structure, and project agreements and negotiation of the financing terms. Christopher Dymond will lead the project in Washington, DC.
Taylor-DeJongh has advised both sponsors and lenders on multiple petrochemical and LNG transactions, including three projects in Qatar. Currently, it is advising US Ex-Im and Italy’s Sace on the Qatargas II project.
Taylor-DeJongh (TDJ) provides global merchant banking and financial structuring services to a multinational clientele in the development, structuring, negotiating and financing of major capital investments around the world.
The firm has over 20 years of experience in structuring successful capital investment transactions in more than 100 countries, with an aggregate value of over US$70bn. The firm is a global leader in project and structured finance transactions, especially in the oil and gas, power, petrochemical, telecommunications and other infrastructure sectors. TDJ has offices in Washington, DC and London.