Posted on January 23, 2011

Qatar International Petroleum Marketing Company Ltd. (Tasweeq) signed an agreement with Petroleum Authority of Thailand (PTT), to supply a significant quantity of Liquefied Petroleum Gas (LPG) at Tasweeq Headquarters in Doha on January 23, 2011.

Mr. Saad Al-Kuwari and Mr. Sarakorn Kulatham signing the contract at Tasweeq Headquarters in Doha

The contract was signed between Mr. Saad Al-Kuwari, CEO, Tasweeq and Mr. Sarakorn Kulatham, Head of Delegation, PTT with senior representatives from both companies.

In line with its mission, Tasweeq is committed to diversify Qatar's petroleum products into new markets along with improving close ties with existing clientele.

Liquefied Petroleum Gas (LPG) is a versatile global commodity that is produced from natural gas and crude oil. LPG is used for heating and as feedstock for petrochemicals among other uses. Qatar is now considered as one of the largest producers of LPG in the world and Thailand is a growing market for LPG.

Speaking at the signing ceremony Mr. Al-Kuwari said, "This contract is a testament of Tasweeq's attempt to increase its market share for Qatar's LPG and other petroleum products. I am confident that Tasweeq has added a valuable market to its portfolio, such as the Thai market, in line with Tasweeq's vision of delivering Qatar's energy to the globe reliably, efficiently and responsibly."