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Saudi Economy Minister, UNDP Administrator Discuss Enhancing Partnership

The Saudi Minister of Economy and Planning has met with the United Nations Development Program (UNDP) Administrator in Hamburg. SPA
The Saudi Minister of Economy and Planning has met with the United Nations Development Program (UNDP) Administrator in Hamburg. SPA
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Saudi Economy Minister, UNDP Administrator Discuss Enhancing Partnership

The Saudi Minister of Economy and Planning has met with the United Nations Development Program (UNDP) Administrator in Hamburg. SPA
The Saudi Minister of Economy and Planning has met with the United Nations Development Program (UNDP) Administrator in Hamburg. SPA

Saudi Minister of Economy and Planning Faisal Alibrahim has met with United Nations Development Program (UNDP) Administrator Achim Steiner on the sidelines of the Hamburg Sustainability Conference 2024 in Germany.

During the meeting, the two sides discussed strengthening the partnership between the Kingdom and the UNDP. They also reviewed progress made toward achieving sustainability goals both in Saudi Arabia and globally.

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QatarEnergy Signs 20-year Naphtha Supply Deal with Shell

QatarEnergy Signs 20-year Naphtha Supply Deal with Shell
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QatarEnergy Signs 20-year Naphtha Supply Deal with Shell

QatarEnergy Signs 20-year Naphtha Supply Deal with Shell

QatarEnergy has entered into a long-term naphtha supply agreement with Shell, supplying up to 18 million metric tons of naphtha to the London-listed company over 20 years from next April.

The project is part of the world's largest natural gas field, which Qatar shares with Iran, where it is known as South Pars, Reuters reported.

"We are delighted to sign QatarEnergy's first 20-year naphtha sales agreement, the largest and longest to date," said Saad al-Kaabi, the head of QatarEnergy and also state minister for energy.

QatarEnergy and Shell maintain a long-standing strategic partnership through multiple joint investments in Qatar and globally, including QatarEnergy's LNG projects, the Pearl GTL plant and other shared ventures.