Saad Sherida Al Kaabi | Gulf Business
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Saad Sherida Al Kaabi

CEO, QatarEnergy

In November 2018, Saad Sherida Al Kaabi, the Minister of State for Energy Affairs in Qatar, was also appointed deputy chairman of QatarEnergy, in addition to his role as president and CEO of the company.

Previously, he served as the managing director, president, and CEO of QatarEnergy starting in September 2014.

Between 2006 and 2014, Al Kaabi was the director of QatarEnergy’s oil and gas ventures directorate, where he oversaw all of Qatar’s oil and gas field developments as well as the country’s exploration activities.

Named Energy Intelligence’s Energy Executive of the Year for 2022, Al Kaabi has led QatarEnergy into several major strategic partnerships.

Under his leadership, QatarEnergy entered into a long-term condensate supply agreement with the Singapore-based Shell International Eastern Trading Company (SIETCO), a wholly owned subsidiary of London-listed Shell. The agreement — signed by Al Kaabi and Wael Sawan, CEO of Shell — stipulates the supply of up to 285 million barrels of condensate over its 25-year term, starting from July.

Al Kaabi is also widely recognised for his foresight in launching a major expansion of Qatar’s LNG sector, leveraging the country’s low-cost, low-carbon advantages. Today, Qatar is positioned as an indispensable gas supplier for nations seeking supply diversification and energy security.

Under Al Kaabi’s guidance, QatarEnergy is also doubling its production capacity across key segments of the petrochemical industry. It is currently constructing the world’s largest ethane cracker in the US, expected to begin production in the first quarter of 2027. Simultaneously, the company is building the largest ethane cracker in the MENA region in Ras Laffan, also scheduled to start production in early 2027.

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