Qatar Petroleum (QP) is a state owned petroleum company in Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. QP's Chairman & Managing Director Mohammed Bin Saleh Al-Sada, is also the head of the Ministry of Energy and Industry of Qatar. QP’s operations are therefore directly linked with state planning agencies, regulatory authorities, and policymaking bodies. Together, revenues from oil and natural gas amount to 60% of the country’s GDP. Currently it is the third largest oil company in the world by oil and gas reserves.[