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Qatar Petroleum: Committed To Excellence

Qatar Petroleum is Qatar's state-owned oil and gas company responsible for all aspects of the industry in Qatar. It explores for and produces oil and gas using partnerships with international companies. It has subsidiaries that refine, transport and market oil, gas and petrochemical products both domestically and abroad.

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Glexer Dazo Corrales
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428 views2 pages

Qatar Petroleum: Committed To Excellence

Qatar Petroleum is Qatar's state-owned oil and gas company responsible for all aspects of the industry in Qatar. It explores for and produces oil and gas using partnerships with international companies. It has subsidiaries that refine, transport and market oil, gas and petrochemical products both domestically and abroad.

Uploaded by

Glexer Dazo Corrales
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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O I L A N D G A S C O M PA N Y PR O FI L E

QATAR PETRO L EUM


COMMI TTED TO EXCELLEN CE

GLEXER CORRALES
C O M PA N Y S U M M A RY
OIL AND GAS INDUSTRY OPERATIONS AND M ARKE TS

QATAR P E TROL E UM

Qatar Petroleum is only accredited firm in Qatar that is responsible for any oil and gas industry
process.QP’s president and CEO is the minister of state for Energy affairs ( Saad Sherida Al- Kaabi )
. QP is state owned public corporation established in 1974. QP is composed of all related Oil and gas
industry including the exploration, production local and international distribution of the crude oil ,
natural gas , liquefied natural gas ,refined products , synthetic fuels , petrochemicals, fuel additives ,
fertilizers.

The application utilized by Qatar petroleum to conduct an efficient exploration and production
is through EPSA (Exploration and Production Sharing Agreements) and DPSA (Development
Production Sharing Agreements) with the help also with international major oil and gas companies.
As of 2018 QP is the third largest oil company in the world by oil and gas reserves and this serve the
60% of GDP of the country of Qatar.

The Principal activities and subsidiaries are stated below in Qatar petroleum investment portfolio
and effective shareholding . The majojr expansion and modernization of Qatar petroleum technology
started in 2001 which include the raising refininig capacity to 137000 barrels per stream day , adding
57000 bpsd condensate refininig capacity to process feedstock in higher values products and
Integrating a residue upgrading technology using RFCC technology to upgrade low value fuel oil into
higher value products . This refinery has ISO 14001 certified environment management system ,
some of environmental responsibility system are lowering the sulfur in gasoline and dieserl (
hydrotreating ) and sulfur recovery unit

https://qp.com.qa/en/QPActivities/Pages/QPActivities.aspx

The most and significate problem and still facing by Qatar is the blockade within GCC countries
, with this problem they cannot trade or have ventures within the said countries , though the cost of
the crude oil coming from middles east is lower it will give some additional cost to transportation or
distribution cost if Qatar will export its products. The vision of QP is to become one of the best
national oil companies in the world, with roots in Qatar and strong international presence and to
apply this vision QP designed six major strategy , these are Strengten QP’s Technical capability ,
maximize upstream value to state of Qatar , create a large scale value adding international portfolio ,
reinforce Qatar’s LNG & global gas position , maximize downstream added value and promote
energy efficiency & optimum energy mix in Qatar.

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