QP surging ahead despite siege: Minister
December 17 2018 12:15 AM
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HE the Minister of State for Energy Affairs and Managing Director and Chief Executive Officer of Qatar Petroleum Saad bin Sherida al-Kaabi.

QNA/ Doha

HE the Minister of State for Energy Affairs and Managing Director and Chief Executive Officer of Qatar Petroleum Saad bin Sherida al-Kaabi said that the National Day is an occasion when QP remembers the history of this land and all the sacrifices made to build it and defend its freedom and dignity.
In an exclusive statement to Qatar News Agency (QNA) on the occasion of Qatar National Day, Minister al-Kaabi said that, thanks to the wise leadership of His Highness the Amir Sheikh Tamim bin Hamad al-Thani, QP has become more self-sufficient and capable of overcoming the unjust siege imposed on Qatar last year and move forward.
Despite the siege, which is mostly painful as it was imposed by Qatar’s neighbouring countries, QP has not been affected by it and is operating as per usual and can go on like this forever, he added.
The minister pointed out that on this day it is remembered with pride the efforts of the Founder Sheikh Jassim bin Mohamed bin Thani who faced challenges and obstacles, united the people and worked on deepening their relationship with the land, adding that the Founder made Qatar the source of pride and dignity and a deterrent to injustice that stands by the oppressed.
He stressed that all the people of Qatar are in debt to the leaders of Qatar who planned a path of pride, glory, progress and prosperity for the present and future. The minister reiterated QP’s loyalty to the nation and its leadership following the principles established by the Founder for a better future and towards greater glory under the wise leadership of the Amir.
The minister said QP continues to develop the oil and gas sector.
As part of this development it announced in September its decision to increase LNG (liquefied natural gas) production in Qatar by adding a fourth liquefaction train to reach a capacity of 110mn tonnes per annum which is a 43% increase from its current production capacity.
With regard to petrochemical industries, QP invited a group of leading international companies, with extensive experiences in the petrochemicals industry, to submit proposals for partnering with QP in the development and operation of a new world-scale Petrochemicals Complex at Ras Laffan Industrial City.
The Petrochemicals Complex will include an ethane cracker with a capacity of more than 1.6mn tonnes per annum (MTPA) of ethylene, making it the largest ethane cracker in the Middle East, and one of the largest in the world.



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