Qatar Petroleum to supply condensate to ExxonMobil’s Singapore complex

QPSPP, Qatar Petroleum’s marketing arm, has executed a 5-year agreement to supply 6 million bbl of low-sulfur condensate to ExxonMobil Asia Pacific’s integrated manufacturing complex in Singapore.

190820 Exxon Mobil Singapore Complex
ExxonMobil Corp.

Qatar Petroleum for the Sale of Petroleum Products Co. (QPSPP), the marketing arm of Qatar Petroleum, has executed a 5-year agreement to supply 6 million bbl of low-sulfur condensate to ExxonMobil Asia Pacific Pte. Ltd.’s integrated manufacturing complex in Singapore, which has a crude oil processing capacity of 592,000 b/d and includes two steam crackers.

The 5-year sales agreement, which began in July, is the first condensate long-term sale to an end-user in Singapore, highlighting QPSPP’s push for more direct sales with established end users, QPSPP said.

Further details regarding the deal were not disclosed.

The long-term sales agreement follows a series of recently completed refining and upcoming petrochemical projects at ExxonMobil’s Singapore integrated manufacturing complex, the company’s largest (OGJ Online, July 8, 2019; June 12, 2019; Apr. 2, 2019).

Contact Robert Brelsford at rbrelsford@endeavorb2b.com.

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