Qatar Energy supplies "Idemitsu Kosan" Japanese naphtha for 10 years

Written By Mark

Qatar Energy signed a long-term agreement to supply the Japanese company Idemitsu Kosan with a total of six million tons of naphtha, to be supplied to Japan over a period of ten years, starting in July 2024.

His Excellency Engineer Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs, Managing Director and CEO of Qatar Energy, said that the agreement will enhance nearly fifty years of partnership with Idemitsu, the leading Japanese company in the field of refining and petrochemicals, adding: “This important agreement will achieve Great benefits for both sides. I would like to thank the work teams from Idemitsu and Qatar Energy for their great efforts that resulted in the signing of this important agreement.”

Founded in 1911, Idemitsu Kosan Co., Ltd. is one of the largest energy and resources companies in Japan. The company produces energy, resources and vital materials for industry and modern lifestyles through 64 offices in twenty countries and regions around the world.