QatarEnergy signed a long-term urea supply agreement with Japan’s Mitsui. The 20-year agreement stipulates a supply of up to 0.5 million tonnes per annum of urea to Mitsui starting in January 2026.
Saad Al-Kaabi, the Minister of State for Energy
Affairs, the President and CEO of QatarEnergy, said: “We are pleased to sign
this long-term supply agreement with one of our strategic partners and to
strengthen our decades-long relationship with Mitsui.”
Al-Kaabi added: “With
the growing demand for urea across the world, QatarEnergy looks forward to
increasing its global footprint in urea production, thereby enhancing global
food production and security. Building on our September 2024 announcement to
develop a new, world-scale urea production complex, we will more than double
Qatar’s urea production, positioning Qatar as the world’s largest exporter.”
This agreement
reflects QatarEnergy’s strategic intent to establish long-term partnerships
with prominent and trusted leaders in the fertiliser industry, while
reaffirming its de​​dication to enhancing global food production and security. -OGN/TradeArabia News Service
Send us your company’s news today and they could be featured on ABC’s Community News tommorow.
