Qatar Fuel Additives Company Ltd. (QAFAC) produces methanol and MTBE at Mesaieed Industrial City from natural gas feedstock supplied by QatarEnergy. A JV of QPIC, QatarEnergy, Itochu and LCPL/Chemi Holding, it exports methanol and MTBE primarily to Asian markets.
Joint Venture Agreement among four partners concluded in June 2024, leaving QAFAC fully Qatari-owned and altering its ownership structure.
