Qatar Petroleum CEO departs to China for talks on energy cooperation

Saad Sherida Al-Kaabi, Qatar Petroleum CEO, left for China at the head of an official delegation to discuss on January 10, 2018, cooperation in the energy field.

Al-Kaabi will hold talks with chief executives of major Chinese energy companies such as CNOOC, CNPC, China Petroleum & Chemical Corporation (Sinopec), Beijing Gas, and other major institutions.

The visit gains great importance as it comes at a time when China leads the drive behind the increasing global demand for energy, and amidst increasing cooperation between China and Qatar.

Qatar launched the 1st direct shipping line between Hamad Port and Shanghai in 2017, followed by an agreement between Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), the marketing arm of Qatar Petroleum, and Qatar Ports Management Company (Mwani) to launch direct petrochemical shipping services from Hamad Port to a number of ports, including the port of Shanghai.

Chinese CNOOC was a partner with Qatar Petroleum and Shell as the winning bidding consortium for the Alto de Cabo Frio-Oeste block in the prolific Santos hydrocarbon basin offshore Brazil.​