VOL. XLV

No 29

22-July-2002

QATAR

QP Sells Its Methanol Share FromQAFAC To Mitsui For 4.5 Years

Qatar Petroleum (QP)on 12 July signed a sales and purchase agreement (SPA) with Mitsui of Japanunder which QP will sell its share of methanol produced by the Qatar FuelAdditives Company (QAFAC) to the Japanese firm for four-and-a-half years,starting in July 2003. QatarsOil Minister, 'Abd Allah al-'Attiyah,who signed the SPA on behalf of QP, said the state companys share of methanolto be sold under the...