ENOC Marketing appreciates customers for 2014-15 business development

Business

ENOC Marketing appreciates customers for 2014-15 business development

ENOC Marketing, the business segment of Emirates National Oil Company (ENOC) devoted to the marketing of aviation fuel, lubricating substances, LPG as well as diesel, petrol as well as asphalt, highlighted the value of useful historical business connections with essential customers at a personal appreciation ceremony held at the 4 Seasons Hotel Dubai at Jumeirah Beach.

The event was arranged to identify crucial consumers of ENOC Industrial Products Advertising and marketing (EIPM) as well as EPPCO Lubricants (EL) for selecting ENOC as their companion of selection and to celebrate their joint accomplishments as a result of their long standing synergies. Many of EIPM as well as EL's customers have actually been handling the organization for a number of years, therefore demonstrating their trust in the high criteria of service and also products given by ENOC.

At the ceremony, Zaid Alqufaidi, Managing Director-- ENOC Marketing provided a quick review of crucial efforts that have actually been announced within the global and regional power industry. He likewise offered neighborhood sector fads with respect to the international instructions to a low-carbon century, where environment change poses an ethical challenge to worldwide culture. Alqufaidi likewise shared EIPM's and EL's essential milestones and future plans for 2016 as well as shared his gratitude and recognition for the lengthy standing company connections forged with numerous partners.

"It is an honour to be right here today to acknowledge our companions for their dedication and hard work. You are a crucial element of our development and we wish to seize the day to thanks for your efforts at sustaining our business and selecting ENOC to be your 'Partner of Choice' for many years," specified Zaid Alqufaidi.

"We are a nation happy with our success as well as accomplishments at a young age of 44 years. Our strategy as an expansion of the Dubai Government is to sustain and also drive the development as well as advancement of the UAE as well as together through our long-standing collaborations; we will remain to lead the way throughout the region," he included.

In 2015, EIPM and EL combined authorized 52 contracts with crucial clients this year, which supported 15 % of ENOC Marketing's overall performance.

EIPM has functioned closely with the authorities to assist raise energy market requirements of method, making ENOC the initial firm in the UAE to introduce low sulfur 10 ppm Diesel in 2014. Through lobbying the authorities, they have managed the grey market trade of abject diesel which not just influences the setting however also the competitive landscape which their clients need to often bid against in tenders.

ENOC's investment in ELOMP-- its lubes and oils making centers in Fujairah as well as Jebel Ali has increased the ability to 300,000 MT every year. In addition, EMGAS began industrial sales of CNG in 2014, a first in the nation due to which ESMA chose EMGAS as the main executer of CNG tasks in Dubai.