QatarEnergy and Koch Fertilizer Enter 15-Year Urea Supply Deal

QatarEnergy has entered into a long-term urea supply agreement with Koch Fertilizer LLC, a prominent U.S. fertilizer producer and supplier.

The 15-year supply agreement, commencing in July 2024, entails supplying up to 0.74 million tons per annum (MTPA) of urea to Koch Fertilizer. This agreement ensures that Qatari-origin urea will be distributed to the agricultural sectors in the U.S. and other global markets.

His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, stated: “We are pleased to announce this long-term sales agreement with Koch Fertilizer, one of our esteemed partners. This agreement strengthens our longstanding relationship and represents a crucial step towards enhancing synergy and cooperation, fostering mutual growth and value for both parties.”

Mark Luetters, Senior Vice President of Koch Industries and President of Koch Fertilizer, expressed: “QatarEnergy has been a valued partner of Koch Fertilizer for over a decade, and we are excited to solidify our mutually beneficial relationship for the future. This agreement aligns with Koch Fertilizer’s long-term vision and offers an excellent opportunity to enhance our service to customers.”

This agreement underscores QatarEnergy’s strategy of building enduring relationships with reputable leaders in the fertilizer industry and its dedication to supporting the global agricultural sector. Koch Fertilizer LLC, a subsidiary of Koch Industries, operates fertilizer plants in North America, Trinidad and Tobago, and Morocco, with distribution facilities and terminals in the U.S., Canada, Mexico, Brazil, Australia, and other international markets.

Qatar is the world's second-largest exporter of urea, with QatarEnergy's affiliate, Qatar Fertilizer Company (QAFCO), being the largest integrated single-site producer of urea and ammonia globally.

QatarEnergy, formerly known as Qatar Petroleum (QP), is the state-owned petroleum company of Qatar. The company oversees all oil and gas activities in the country, including exploration, production, refining, transport, and storage. QatarEnergy operates the national oil pipeline network, which transports oil from fields to the sole refinery and export terminals. Its extensive offshore pipeline network transports crude oil from offshore fields to Halul Island for processing and export. Onshore, most oil is directed to Umm Said for refining or export. Qatar's primary export terminals are Umm Said, Halul Island, and Ras Laffan. Refining is managed by two facilities: the QatarEnergy Refinery in Umm Said and the Laffan Refinery in Ras Laffan.

As a leading fertilizer producer, Koch Fertilizer is dedicated to feeding the world responsibly. They offer reliable, consistent access to ammonia, urea, UAN, phosphate, and ATS.