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ENOC and ENOC Misr sign three-year agreement
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Misr Petroleum owns the largest oil analysis laboratory in Egypt
DUBAI: A three-year partnership between ENOC Misr, a joint venture between Proserv. Egypt Group and the UAE’s Emirates National Oil Company (ENOC), will allow the former to blend and fill lubricants at its Misr Petroleum plant in Egypt.
An agreement signed between the two will contribute to significant operational efficiencies and ensure a continuous product supply in the market, adhering to ENOC’s high standards and commitment to excellence, a statement issued by the company said on Sunday.
Misr Petroleum owns the largest oil analysis laboratory in Egypt. It also owns and operates more than 1,500 petrol and diesel car fuel stations in Egypt.
ENOC’s products are distributed in over 60 Markets in the Middle East, Indian Subcontinent, South & Central Asia and Africa.
The statement said that with an annual production capacity of 150,000 to 180,000 tonnes, Misr Petroleum uses the finest types of base oils with international standards. It also sources the latest additives from world-renowned additive suppliers to achieve the required performance levels for lubricating oils. The oil mixing facility uses the latest mixing and filling control systems.
Saif Humaid Al Falasi, Group CEO, ENOC, said that the fact that the Egyptian economy has been able to mitigate the negative ramifications of the COVID-19 pandemic instills confidence to invest in projects that serve the manufacturing and industrial sectors in Egypt and bolster the company’s presence.