Operating in these EITI countries
ArgentinaMadagascarMexico

Qatar Petroleum

Qatar Petroleum (QP) is a state-owned public corporation established by Emiri Decree No. 10 in 1974. QP is responsible for all phases of the oil and gas industry in the State of Qatar. The principal activities of QP, its subsidiaries and joint ventures are the exploration, production, local and international sale of crude oil, natural gas and gas liquids, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, liquefied natural gas (LNG), steel and aluminum. Each of these activities is underpinned by transparency, innovation and high standards of quality and service.
Supporter since 2019

Statement of support

Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, President & CEO, Qatar Petroleum
First and foremost, I would like to express my personal support to this very worthwhile cause. As I am a passionate supporter of the fight against corruption and the concept of open and transparent reporting, I look forward to lending our support to the EITI organisation. At Qatar Petroleum, we know the benefits of running our business in a clean and transparent manner and this is a practice we are committed to. Together with the EITI organisation, we will continue to pro-actively promote transparency throughout the petroleum industry. I will likewise pledge to take a leadership role in advocating the EITI Principles internationally and throughout the MENA region.

Engagement with the EITI

Qatar Petroleum became a new EITI supporting state-owned enterprise (SOE) in 2019. It has gone through a remarkable transformation over the past few years as it endeavours to achieve its ambitious vision: “To become one of the best national oil companies in the world, with roots in Qatar and a strong international presence.” Part of this transformation has included redefining QP’s strategy and values, which are provided here.  Its six core values are: safety, integrity, respect, excellence, responsibility and collaboration.

Strengthening transparency

QP recognizes that in today’s global environment all organisations need to conduct themselves in a principled and legally compliant manner. QP is committed to achieving the highest standards of business practice. QP’s newly launched Code of Conduct outlines how the enterprise has committed to ethical behaviour and building and supporting a strong culture of collaboration, integrity and trust. In particular, QP supports the State of Qatar’s National Vision 2030 of balancing accomplishments that achieve economic growth with the human and resource needs of the people of Qatar. 

Furthermore, QP is committed to ensuring that it is free from any form of corruption and works proactively to ensure that it complies with all applicable laws and international conventions. In addition, QP focuses on business relationships built on trust and transparency and seeks to work with business partners who share similar values. QP will not knowingly work with business partners who violate the law, compete dishonestly or use unfair business practices.

In line with Qatar Petroleum’s strategy and values, and as reflected in its Code of Conduct, QP is committed to supporting the EITI in the countries where it operates and to promoting transparency throughout the extractive industries.

Link to the statement of support on QP's website

Statement of support to the EITI on QP's website