Qatar Petroleum to integrate chemicals firm Muntajat

By Mirza Duran State-owned LNG giant Qatar Petroleum said on Thursday it will integrate chemical distributor Muntajat as part of efforts to further strengthen its downstream business.

Saad Sherida Al-Kaabi (Image: Qatar Petroleum)

The integration of Chemical and Petrochemical Marketing and Distribution Company will enable QP to continue expanding its global reach, it said in a statement.

During the integration process, Muntajat will continue to deliver its commitments and contractual obligations to all its customers around the world with no interruption, QP said.

QPs’ chief executive and Qatari energy minister Saad Sherida Al-Kaabi said the integration is a “strategic move” which will boost Qatar’s global competitive position

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