5-Year LPG Deal Be­tween Qatar Pe­tro­leum And China’s Ori­en­tal En­ergy

Chemical Industry Digest - - News & Views -

Qatar Pe­tro­leum has an­nounced a five-year deal to di­rectly sup­ply liq­ue­fied pe­tro­leum gas (LPG) to China’s Ori­en­tal En­ergy, ac­cord­ing to Kal­lan­ish En­ergy re­ports.

Un­der this agree­ment, Qatar Pe­tro­leum will sup­ply Ori­en­tal En­ergy with some 600,000 tonnes per year of LPG. The con­tract starts in Jan­uary 2019, and re­flects the com­pany’s mar­ket­ing strat­egy to pro­mote di­rect en­gage­ment with end-users, es­pe­cially in China.

Ori­en­tal En­ergy has the largest LPG distri­bu­tion net­work and stor­age fa­cil­i­ties in China. It owns five ma­jor LPG im­port­ing ter­mi­nals along with petro­chem­i­cal fa­cil­i­ties.

LPG uti­liza­tion in China in­cludes both do­mes­tic use and us­age by the grow­ing petro­chem­i­cal sec­tor.

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