Qatar Petroleum has announced successful integration of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) into QP.
This, QP said, is part of its strategic efforts to strengthen Qatar’s downstream capabilities and enhance its global competitive position in the downstream sector.
With this integration, Muntajat will continue to exist as a legal entity, while QP has been appointed as its marketing agent.
This milestone follows QP’s announcement of June this year, in which it stressed that the integration will involve leveraging the combined set of human, technical, commercial, and financial capabilities of both entities, enabling Muntajat to expand its reach through QP’s global footprint.
HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi also President and CEO of QP, described the integration as “another successful landmark on the road to achieving our strategic objectives.”
Al-Kaabi added, “We look forward to further enhancing Qatar Petroleum’s capabilities through our combined talent, experience and capabilities that will eventually benefit our worldwide network of downstream customers and keep us as the partner of choice providing superior high quality products and excellence in customer service.”
This integration marks another step towards achieving one of QP’s strategic objectives of becoming a leader in the global downstream industry, QP said yesterday.
With this integration, Muntajat will continue to exist as a legal entity, while QP has been appointed as its marketing agent.
This milestone follows QP’s announcement of June this year, in which it stressed that the integration will involve leveraging the combined set of human, technical, commercial, and financial capabilities of both entities, enabling Muntajat to expand its reach through QP’s global footprint.
HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi also President and CEO of QP, described the integration as “another successful landmark on the road to achieving our strategic objectives.”
Al-Kaabi added, “We look forward to further enhancing Qatar Petroleum’s capabilities through our combined talent, experience and capabilities that will eventually benefit our worldwide network of downstream customers and keep us as the partner of choice providing superior high quality products and excellence in customer service.”
This integration marks another step towards achieving one of QP’s strategic objectives of becoming a leader in the global downstream industry, QP said yesterday.
