QatarEnergy, the State-owned energy company in Qatar, has entered into a long-term supply agreement with ENEOS Corporation, a prominent refining and petrochemical company based in Japan.
QatarEnergy will supply ENEOS with up to 9 million tons of Naphtha over 10 years starting July 2024.
Saad Sherida Al-Kaabi President & CEO QatarEnergy
“This agreement builds on our successful and long-standing relationship with one of our valued Japanese partners. We look forward to creating more value and opportunities for the mutual benefit of both parties and to further strengthen our partnership.”
This agreement is the largest and longest commitment in more than a decade of collaborations between the two companies.
ENEOS Corporation is the largest refining and petrochemical company in Japan and is wholly owned by ENEOS Holdings, Inc.
The Japanese conglomerate has been in the business of refining, manufacturing, and selling of petroleum products for over 135 years since it was established in 1888 under the name of Nippon Oil Corporation.
Recently, QatarEnergy LNG recognized by Shell for its reliability, availability and production performance at their N(4) facility in Ras Laffan.
Last week, QatarEnergy entered into an agreement to supply India’s Haldia Petrochemicals Limited (HPL) with a total of up to two million tons of naphtha to be delivered over ten years.
