QatarEnergy to take over marketing activities managed by Qatargas
QatarEnergy on February 20 announced that it will be taking over all the marketing and related activities currently managed by Qatargas. The integration of such activities into QatarEnergy is expected to be completed by the end of 2023.
“The strengthened alignment of LNG marketing activities within QatarEnergy will leverage a combined set of technical, commercial and financial capabilities of both organisations to create an enhanced center of excellence for the marketing and sale of all energy products exported from the state of Qatar,” QatarEnergy said.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
QatarEnergy CEO Saad bin Sherida Al-Kaabi said the integration of the LNG marketing activities into QatarEnergy is a strategic decision taken as part of its growth journey.
QatarEnergy currently manages the marketing and sale of all products produced for export by its group of companies/ affiliates, with the exception of LNG and helium.
Post the integration, QatarEnergy will be the single point of responsibility for all existing and prospective customers interested in the purchase of energy products from Qatar and will be able to provide a diversified products and services offering with a superior integrated portfolio.