Qatar Petroleum for the Sale of Petroleum Products Co. Ltd Q.J.S.C., or QPSPP, said it recently signed a five-year sales agreement with oil major Exxon Mobil Corp. subsidiary ExxonMobil Trading Asia Pacific Pte. Ltd., according to an Aug. 20 news release from QPSPP's marketing agent, Qatar Petroleum.
QPSPP will supply Exxon's Singapore Integrated Manufacturing Complex with 6 million barrels of low-sulfur condensate per year starting in July.
The agreement is the first long-term condensate sale to an end user in Singapore, QPSPP said. Financial details were not disclosed.
