In a move aimed to support Qatar’s petrochemical industry, Qatar Petroleum (QP) recently signed agreements to supply additional quantities of ethane, which is used as feedstock, to a number of subsidiaries of Industries Qatar (IQ) and Mesaieed Petrochemical Holding Company (MPHC).

The agreements for additional ethane volume were signed with QAPCO, Q-Chem 1, Q-Chem 2, and Qatofin. The new agreements are designed to enable companies to reach the maximum capacity of their respective facilities, to increase their efficiency and improve their profitability.

Saad Sherida Al-Kaabi, QP President and CEO, said this important step was driven by QP’s keenness to maximise benefit from the country’s natural resources, especially in the vital petrochemical sector. It also comes in support of Qatar’s national industry and the important role it plays in boosting the growth and development of the national economy.

The total additional ethane volumes that will be supplied to the four companies will be approximately one thousand metric tonnes per day which equates to an increase of approximately 10% compared to the base quantities.

For more information about Qatar Petroleum, visit qp.com.qa.