In his speech on this occasion, Dr. Al-Mulla, GM of QAPCO stated that the agreement QAPCO is signing truly reflects the successful business relationship with our partners, ENGC. This relation goes back to January 1999 when QAPCO had signed the first Contract of Affreightment (COA). However Qapco had discontinued its ethylene export since the start up of Qatar Vinyl Company (QVC) in 2002, as the surplus ethylene has been allocated to QVC for delivery through a pipeline.
In a press conference held on this function, Dr. Al-Mulla, GM of QAPCO declared that QAPCO had adopted a strategic partnership with ENGC, as a leading petrochemical gas shipping company. "We are confident that our signing ceremony will enable us further consolidate our mutual cooperation with ENGC." he added.
Mr. Abdul Rahman Al-Abdullah, QAPCO's Group Manager, Commercial and Marketing said that constant and perseverant efforts are being exerted to expand the company's marketing network to reach the world markets.
"We are striving to achieve excellence in customs services through producing high quality products and through gaining their confidenceto meet all their demands on the due time. We are also keen to keep up the competitive position as LDPE supplier and LLDPE in the future upon the completion of QATOFIN, scheduled in the 4th quarter of 2008." he added.
In his speech, Mr. Terje Orehagen, President and COO of Norgas Carriers congratulated the management of QAPCO on the successful completion of Ethylene Expansion Project (EP2). He expressed his happiness that the Norwegian Gas Carriers (NGC) has had a strategic relationship with QAPCO since 1997, and during this period, they shipped from QAPCO's plant in Mesaieedclose to 500,000 mts of Ethylene up to 2002. He referred to the continual cooperation with QAPCO since that time and until now.
"We are proud of the existing successful relationship between both sides, and also to see QAPCO returning to the world stage as a major ethylene exporter", he concluded.
Qatar Petrochemical Company
marketing@alchempro.com
