Tawteen announces the implementation of In-Country Value Policy in January 2020

Tawteen announces the implementation of In-Country Value Policy in January 2020
Doha, Qatar • 08 December 2019 – Qatar Petroleum has announced the implementation of the In-Country Value Policy in the Energy Sector starting January 2020 through “Tawteen”, the localization program for services and industries in Qatar’s energy sector. 

The ICV Policy will impact the tendering and awarding process, where suppliers and contractors who are contributing the most to the local economy will acquire a commercial advantage.

Tawteen has announced holding five awareness sessions for suppliers to obtain the necessary ICV Policy knowledge. Each session will enable the participants to gain greater insights on ICV and how it integrates into the procurement process. Participants will also be introduced to the ICV scorecard and how to certify it.

The first three sessions were attended by around 500 representatives of suppliers and contractors providing a wide range of products and services to Qatar’s energy sector. Following each session, the attendees had the opportunity to meet and interact with ICV Certifiers, which are independent accounting firms appointed by Tawteen to validate and certify the ICV scores.

In his comments regarding the In-Country Value, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said: “The In-Country Value policy is an integral component of the Tawteen program and will drive the localization agenda in Qatar’s energy sector, thus building the foundation for a highly resilient and competitive supply chain. The implementation of this policy will also go a long way in developing the capabilities of local suppliers as well as in promoting investments for the benefit of the whole energy sector.”

Led and initiated by Qatar Petroleum, the “Tawteen” program primarily aims to foster the development of the energy sector’s local supply chain and to expand the small and medium enterprises’ base in Qatar. The program currently offers investment opportunities for various fields, including engineering services, maintenance, repair, and overhaul (MRO), digital technologies, subsurface, chemicals and metals, as well as light equipment, business services and others.

Two more ICV awareness sessions will be held on December 10 and 15. To register or to get more information on Tawteen and its ICV policy, visit www.tawteen.com.qa or email info@tawteen.com.qa.
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Tawteen is led by QatarEnergy with the participation of all the companies in the Energy sector in Qatar. These companies are engaged in the business of oil, gas, petrochemicals, fertilizers, metals and power generation. The list of companies in the Energy sector is as listed below.
1 QatarEnergy2 Qatar Gas3 Qapco4 Qafco5 North Oil Company6 Shell8 Qatar Steel9 Oryx GTL10 Total11 Dolphin Energy12 Qatalum13 QChem14 Qafac17 Qatar Electricity Water
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QatarEnergy is an integrated National Oil Corporation responsible for the sustainable development of the oil and gas industry in the State of Qatar. QatarEnergy's activities encompass the entire spectrum of the oil and gas value chain locally, regionally, and internationally, and include exploration, production, processing, marketing and sales of oil and gas, liquefied natural gas (LNG), natural gas liquids (NGL), gas to liquids (GTL) products, refined products, petrochemicals, fertilizers, steel and aluminum.

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