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ENOC Lubes enters the CIS
- United Arab Emirates: Sunday, September 30 - 2001 at 09:45
- PRESS RELEASE
Emirates National Oil Company (ENOC) is entering the CIS market with its own brand of lubricants following the signing of a distribution memorandum of understanding between ENOC International Sales Limited (EISL) and Uzbekistan's Mohammad Kahen Group of Companies (MKGC).
"The central Asian region with its growing transport needs is a key emerging market for us," said Hussain Sultan, ENOC Group Chief Executive and Board Member. "We envisage the breakthrough into the Uzbek Republic giving us a foothold from which to further penetrate the CIS."
The memorandum was signed in Dubai by Tayyeb Al Mulla, Chief Executive, ENOC International Refining and Marketing and Nematullah Rezapour, Director of Tashkent-headquartered Mohammad Kahen General Trading Company LLC.
Uzbekistan becomes the 11th country on ENOC's rapidly-expanding lubricants distribution network.
MKGC, an international trading group with a core objective of diversifying business activities, was established and registered with the Dubai Chamber of Commerce & Industry in 1986.
"Our Group represents international trading houses and maintains contacts with leading manufacturers and suppliers such as ENOC, which help us provide a series of efficient services in the booming Middle East, CIS & African markets," said Rezapour.
"Trade between the UAE, and Dubai in particular, has been developing apace since independence came to our region.
"Dubai is associated with progress and quality and ENOC Lubricants will share in this positioning," he added.
The signing of the MOU means ENOC's extensive 'Made-In-The-UAE' lubricants range, including its flagship Vulcan diesel engine and Protect gasoline engine oils, will soon be on sale throughout the Uzbek Republic.
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Notes and media contacts
For further information: Barbara Saunders, MCS - Marketing Communications Services, PO box 20970, Dubai, United Arab Emirates. Tel: +9714 3452126; fax: +9714 3460926Or visit enoc online at: www.enoc.com
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