Qatar Petroleum International Gas and Power

Overview

Qatar Petroleum International Gas and Power is the international investment arm of Qatar Petroleum, focusing on energy and infrastructure projects worldwide. The company is committed to supporting Qatar's National Vision 2030 by balancing economic growth with the human and resource needs of the people of Qatar. Their mission is to manufacture refined petroleum and petrochemical products and supply liquefied natural gas (LNG) in a reliable, efficient, safe, and environmentally responsible manner to meet Qatar's energy demand, maximize profit through integration, develop a professional and competent workforce, and enable the development of the local economy. Their vision is to be a leader in integrated refining and petrochemical operations and LNG supply that maximizes shareholder value, achieves operational excellence, unlocks the potential of their people, and cares for the community. The company operates various offshore and onshore fields, including the North Gas Field, which is the largest single non-associated gas reservoir in the world. They are involved in exploration, appraisal, and development operations, having signed agreements with major international oil and gas companies, including Total, Anadarko, Maersk Oil, Occidental Petroleum, Talisman Energy, GDF Suez, CNOOC, Shell, ExxonMobil, and Dolphin Energy. These agreements have boosted Qatar's oil and gas reserves through new discoveries and the development of existing fields. The company is also involved in major refinery projects, contributing to Qatar's energy transition and economic development. They are committed to conducting business in an ethical manner, with business practices aligned to their values and code of conduct, ensuring compliance with all applicable laws and international conventions. Their business relationships are built on trust and transparency, seeking to work with partners who have similar values. They expect their suppliers and business partners to support their commitments and strive to build and maintain positive relationships with the communities they impact, protecting the environments in which they work. The company operates with a focus on health, safety, and environmental management, ensuring the protection of their people, safeguarding the environment, and minimizing risks across all their activities. They recognize the importance of their people as their most important asset and believe that their success depends on the talent and commitment of all their people as they apply their skills and expertise and contribute to a culture based on strong values. They are committed to ensuring that they are free from any form of corruption and work proactively to ensure compliance with all applicable laws and international conventions. They do not engage in any political activities and expect their employees and business partners to comply with their code of conduct, speaking up if they witness or suspect behavior that is incompatible with their standards and the spirit in which they are intended. By committing themselves to the code, they exemplify the finest aspects of their heritage as Qatar's national energy company and establish themselves as a leader in the global business community.

Investment Focus

• Projects aligned with Qatar's National Vision 2030
• Focus on energy and infrastructure sectors
• Commitment to environmental responsibility
• Operational excellence
• Development of local economy
• Professional and competent workforce
• Ethical business practices
• Compliance with applicable laws and international conventions
• Positive impact on communities and environments
• Health, safety, and environmental management
• Transparency and trust in business relationships
• Support for suppliers and business partners in commitments
• Non-engagement in political activities
• Encouragement of reporting incompatible behavior
• Exemplification of Qatar's national energy heritage
• Leadership in the global business community

Portfolio Companies