The deal underscores QatarEnergy’s ambitions to expand its urea production
QatarEnergy has signed a 20-year agreement with Japan’s Mitsui & Co committing to supply up to 0.5 million tons of urea annually starting January next year.
The deal underscores QatarEnergy’s ambitions to expand its urea production, enhance global food security, and solidify long-term partnerships with leading players in the fertilizer industry.
Commenting on this agreement, Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, also the President and CEO of QatarEnergy, said: “We are pleased to sign this long-term supply agreement with one of our strategic partners and to strengthen our decades-long relationship with Mitsui.”
He added: “With the growing demand for urea across the world, QatarEnergy looks forward to increasing its global footprint in urea production, thereby enhancing global food production and security. Building on our September 2024 announcement to develop a new, world-scale urea production complex, we will more than double Qatar’s urea production, positioning Qatar as the world’s largest exporter.”
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