Qatar : Qatar Petroleum Announces Merger of Muntajat

Logo Muntajat and QP

Doha, 11 June 2020 (QP)

Qatar Petroleum announced today ‘ to integrate Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.J.S.C. into QP.as part  of its ongoing efforts to strengthen its global competitive position in the downstream sector’.

‘ The integration will involve leveraging a combined set of human, technical, commercial, and financial capabilities, as well as customer relationships into the QP organization with the aim of being completed within the next few months, which will enable QP to continue expanding its global reach, and to remain the partner of choice providing superior high quality products and excellence in customer service’, the announcement mentions.

Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, President and CEO of Qatar Petroleum, said, “The integration of Muntajat into QP is a strategic move that will further strengthen our downstream capabilities and enhance the State of Qatar’s global competitive position in the downstream sector. We are committed to establishing a center 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 Qatar Petroleum’s vision to become one of the best national oil & gas companies in the world.

/ Economy

Share the Post

About the Author

Editor and publisher Ashraf Siddiqui is a well known Qatar based journalist and a social worker. He has been in Arabian Gulf Peninsula over 4 decades and enjoys rich knowledge on Middle East affairs

Comments

No comment yet.

Leave a reply

Your email address will not be published. Required fields are marked *

Disclaimer: Asian Telegraph Qatar do not accept any responsibility for any comment posted on our website. Any comment does not necessarily represent the views of the Asian Telegraph Qatar, unless where specifically stated otherwise. We reserve the right to unpublish, or delete parts or the entirety of any comments that deemed to be non-conducive to the discussion.