Over 1400 vehicles to benefit from ENOC's premium lubricants for smoother operations while reducing maintenance cost

Dubai, May 18, 2010: EPPCO Lubricants, a subsidiary of the Emirates National Oil Company (ENOC), has signed an exclusive lubricant supply agreement with Ilyas & Mustafa Galadari Group that will cover the next five years.

As per the agreement, EPPCO Lubricants will supply its high quality and performance lubricants to Ilyas & Mustafa Galadari Group workshop, which serves more than 1400 vehicles from Metro Taxi Company and Galadari Driving School, ensuring smoother operations while reducing maintenance cost.

The agreement was signed by Zaid Alqufaidi, Chief Executive Officer, Retail Business Stream, ENOC, and Mohammed Rafique, Chief Operating Officer, Ilyas & Mustafa Galadari Group, at a ceremony held at City of Arabia in Dubai.

The premium products of EPPCO Lubricants cater for a wide range of applications covering automotive, industrial, marine and other specialized services. All the products conform to ISO 9001:2000 quality certifications in addition to complying with the highest international standards and specifications, such as API, ACEA, JASO, and OEM.

Commenting on the strategic partnership Alqufaidi said: "We are honored to have partnered with a highly regarded, multi-faceted organization such as Ilyas & Mustafa Galadari Group. This partnership will significantly add to our portfolio of clients currently in more than 30 countries across the Middle East, Africa and the Indian subcontinent, as well as South East and Central Asia. We look forward to developing more opportunities with the Group over the long term".

The Ilyas and Mustafa Galadari group carries on the tradition of the Galadari family which has a long history of entrepreneurship dating from the 1940s. Its diversified business portfolio includes real estate development, agencies for overseas companies, hospitality, food storage, jewellery shops, automobiles and transport.

"With the premium products, experience and global distribution network that EPPCO Lubricants has, we are confident in our strategic partnership and the added value that our fleet will enjoy. Our partnership with EPPCO Lubricants will complement our vision of delivering state of the art services and products to our customers across our various businesses," said Rafique.

Other key elements of the agreement and as part of ENOC's quality service programme, regular visits to the workshop by experienced business and technical managers will be conducted in addition to providing direct customer support from ENOC's Head Office in Dubai.

The partnership will witness the collaboration of both companies in developing various co-branding support items, joint advertisements and promotional campaigns.

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About ENOC
Established in 1993 as a wholly-owned company of the Government of Dubai, ENOC aims to promote the interests of its shareholders through the development of further downstream and upstream activities in the oil and gas sector and beyond and to encourage the economic diversification of Dubai and the rest of the UAE.

ENOC's vision is to be a leading regional integrated oil & gas group that is highly profitable and socially responsible towards employees, the community and environment. Driving this vision, ENOC is committed to achieving sustainable development and highly profitable growth and serving the growing energy needs of Dubai.

ENOC actively participates in an increasingly broad range of business ventures. Its joint ventures with major international companies allow partners to pool their technology, know-how and expertise along with their resources to further their commercial success.

Since its inception, ENOC has been guided by its philosophy of quality and professional management based on modern business concepts for commercial success and sustainable growth. Today it is poised to engineer a new and challenging period of growth and diversity.

ENOC's vision is to be the reliable Energy Partner of Choice in each sector in which it operates.

For further information, please contact:
Mohammed Al Tawil/Sara Hamam
ASDA'A Burson-Marsteller
Dubai, UAE
+971-4-3344550
m.altawil@asdaa.com  / s.hamam@asdaa.com

© Press Release 2010