Qatar Petroleum signed a sale deal with India's Haldia Petrochemicals (HPL) on providing Light Naphtha.
As per agreement the Qatari giant, is to supply an overall of 600,000 tonnes of Light Naphtha for the Indian company throughout a period of three years, effective this year. The agreement is considered as the first Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP) naphtha feedstock sale to an end-user in India, as the company seeks to be more active in direct sales with established end-users.
Saad Sherida Al-Kaabi, President and CEO of Qatar Petroleum said that India is a very important country and energy partner for Qatar and we are proud of our longstanding excellent partnership,"
He added, Qatar supplies Indian end-users with LNG, crude oil, condensate, LPG and other fuels; and we are proud to be able to strengthen our energy relations with India through HPL as an energy partner for the direct supply of naphtha feedstock.
