Muntajat integration set to increase QP’s downstream capabilities
Jun 28, 2020
Qatar Petroleum (QP) announced its decision to integrate Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) into QP as part of its cost savings measures. The integration will involve brining into the QP organisation the combined set of human, technical, commercial, and financial capabilities, as well as Muntajat’s customer relationships.
The integration is meant to strengthen QP’s downstream capabilities and enhance the State of Qatar’s global competitive position. During the integration process, Muntajat will continue to perform its contractual obligations to customers without interruption.