Jul 05 2011 |
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ENOC denies reports on retail outlets takeover
DUBAI: Emirates National Oil Company , or ENOC , denied press reports on receiving expression of interest by other companies on taking over the operations of its retail outlets.
" ENOC categorically denies the report that appeared today in Gulf News about the future course of running the ENOC and EPPCO retail outlets in the northern emirates," an ENOC spokesperson said in an emailed statement. ENOC said it is extremely disappointing that the newspaper has deemed it fit to publish a report which is totally baseless, speculative and unverified." " ENOC reiterates that there has been no expression of interest by any organisation on taking over the operations of the company’s retail outlets...The concerned authorities are actively discussing the matter of fuel distribution in the northern emirates....Such rumors serve no positive purpose, and the newspaper owes an apology for spreading misinformation," the company's spokesperson added.
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