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STRATEGIC TIE-UP

Image courtesy: WAM

Enoc Group expands jet fuel operations in Nigeria

DUBAI, June 28, 2018

Emirates National Oil Company (Enoc) has signed an aviation technical and marketing services agreement with Raven Energy, to support its jet fuel supply operations in Nigeria, a media report said.

"Today, we supply in excess of 2.8 million US gallon of jet fuel per day to a diversified portfolio of clients in the UAE and internationally,” Saif Humaid Al Falasi, Group CEO of Enoc was quoted as saying in a Wam report.

“We’ve successfully forged many collaborations and our partnership with Raven Energy is one that we take pride in. We hope to continue exploring future opportunities to elevate the aviation fuel infrastructure, while expanding capabilities in the African market,” he added.

Raven Energy is part of a multi-national Raven Resources Group which has diversified business operations across various industries, including oil and gas trading, risk management, human resources consulting, and independent power plants.

Adeniyi Makanjuola, Group CEO of Raven Energy, said: "This is a major development for Raven and provides a strategic partnership with a global industry leader that will not only strengthen the infrastructure locally available, but will also provide additional cost savings and enhanced productivity by reducing turnaround times."

Since 1995, Enoc has worked with local oil companies at international airports to supply jet fuel to its customers. The Group has achieved a steady growth in international sales volumes, selling more than 60 million US gallons per year outside the UAE.




Tags: Enoc | Jet fuel |

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