Mubasher: Subsidiary of Qatari Investors Group (QIG), Al Khalij Cement Company, on Wednesday signed a three-year agreement with Qatar Petroleum for the supply of oil well cement.
The agreement was signed under the Tawteen initiative, which was designed to improve the supply chain of the energy sector, according to Gulf Times.
QIG’s chairman Abdulla bin Nasser al-Misnad commented: “We are delighted to have been selected by Qatar Petroleum for the supply of oil well cement…This special type of cement is a true Qatari product as the production process begins with limestone, which is the main ingredient for cement, extracted from Qatari soil.
Tawteen is planned to generate QAR 8 billion in imports annually and create more than 5,000 jobs.
