QatarEnergy has signed a long-term urea supply agreement with Japan’s Mitsui & Co., Ltd. (Mitsui), marking a significant step in strengthening bilateral trade relations.
The company said in a statement that the 20-year agreement stipulates a supply of up to 0.5 million tons per annum of urea to Mitsui starting in January 2026.
Furthermore, this agreement underscores the Qatari company’s strategic commitment to forging long-term partnerships with leading and trusted players in the global fertilizer industry.
HE Saad Sherida Al-Kaabi Qatar Minister of State Energy Affairs President and CEO QatarEnergy
“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. 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.”
By collaborating with Mitsui, QatarEnergy aims to strengthen its position in the urea market while actively contributing to the global effort to boost food production and ensure food security.
The deal reflects the company’s dedication to supporting sustainable agricultural practices and addressing the growing demand for fertilizers in key markets worldwide, as per the statement.
QatarEnergy and Mitsui Relations
QatarEnergy and Mitsui & Co., Ltd. have a long-standing and strategic partnership that continues to evolve across various sectors, particularly in the energy and petrochemical industries. This relationship is grounded in mutual interests, with both companies aiming to contribute to global energy sustainability, economic development, and innovation.
