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Dubai, United Arab Emirates ENOC Group, has signed a five-year agreement with Tfe Intermediacao De Negocios Ltda (TFE), Brazilian petroleum distributor, to distribute a wide range of ENOC lubricants in Brazil. Under the agreement, TFE will be the exclusive distributor of ENOC lubricants in the country.
Representing 41.3% of the South and Central America market, Brazil has the largest oil consumption in presenting a significant opportunity for ENOC to develop strategic partnerships to expand the Group’s footprint and serve customers with its diverse range of high-quality products.
His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, said: “Our recent partnership with TFE Intermediacao De Negocios Ltda underscores our commitment to supporting the growth of the lubricants sector at an international level. As we continue to strengthen our presence globally, our expansion into Brazil will enable us to offer customers a diverse portfolio of the highest quality lubricants from Dubai, United Arab Emirates and opens up a door for expansion within the South American region.”
TFE is a trading company and distributor in the energy sector specialised in the Brazilian market, operating in the import, export, and distribution of petroleum products.
ENOC Group’s lubricants portfolio is distributed in countries across the globe in the Middle East, Asia, Europe and Africa, with the latest addition being Brazil in South America.
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About ENOC Group:
ENOC Group (Emirates National Oil Company) is a leading integrated international oil and gas player operating across the energy sector value chain. As a wholly owned entity of the Government of Dubai, and integral to the Emirate’s success, ENOC owns and operates assets in the fields of exploration & production, supply & operations, terminals, fuel retail, aviation fuel and petroleum products for commercial & industrial use. The Group’s general business operations include automotive services, non-fuel F&B retail and fabrication services. Servicing thousands of customers in over 60 markets, the Group employs a multi-national workforce of over 11,000 employees and is deploying its world-class customer service, latest innovations and technologies as well as best practices to empower the UAE’s social and economic development. ENOC is the Official Integrated Energy Partner of Expo 2020 Dubai.
For further information, please visit: www.enoc.com
For further information, please contact:
Rawan Al Hosban | Srishti Soni
ASDA’A BCW | Arab Youth Survey
rawan.alhosban@bcw-global.com | Srishti.soni@bcw-global.com
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