As part of their ongoing effort to strengthen their global competitive position in the downstream sector, Qatar Petroleum (QP) recently announced their decision to integrate Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) QJSC into QP.
The integration will involve leveraging a combined set of human, technical, commercial, and financial capabilities, as well as customer relationships into the QP organisation set for completion within the next few months. This will enable QP to continue expanding its global reach, and to remain the partner of choice for providing high quality products and superior customer service.
In making the announcement, Minister of State for Energy Affairs and President/CEO of Qatar Petroleum, HE Saad Sherida Al Kaabi, said that the integration of Muntajat into QP is a strategic move that will further strengthen QP’s downstream capabilities and enhance Qatar’s global competitive position in the downstream sector.
We are committed to establishing a centre of excellence for the downstream business in Qatar by pooling the commercial, technical, and financial capabilities of both QP and Muntajat, and by leveraging higher efficiencies in the deployment of our human and financial resources.
During the integration process, Muntajat will continue to deliver its commitments and contractual obligations to all its customers around the world, with no interruption and with the same superior customer service.
This integration marks another step towards achieving QP’s vision to become one of the best national oil and gas companies in the world.
For updates and more information, visit qp.com.qa.
