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Subsidiaries, Joint Ventures and Other Investments

The operations and activities of Qatar Petroleum are conducted at various onshore and offshore locations. In addition, QP carries out activities through the following subsidiaries, joint ventures and other investments (all information correct as of October 2009).

Qatar Fuel Additives Company (QAFAC)

QAFAC produces MTBE by processing butane and methanol.

 

Qatar Fuel Additives Company (QAFAC) was established as a Qatari joint stock company to build, own and operate facilities at Mesaieed Industrial City for the production of methanol and methyl tertiary butyl ether (MTBE) for sale to customers worldwide.

QAFAC shareholders are Industries Qatar (IQ) (50%), Chinese Petroleum Corporation (CPC) 20%, Lee Chang Yung Chemical Industry Corporation (LCYCIC) 15% and International Octane Limited 15%.

The QAFAC plant produces 903,000 tons of methanol and 672,000 tons of MTBE per annum.

For more information, please visit the QAFAC website.