Zenath Oil signs pact with Adnoc Distribution

DUBAI - Zenath Oil Derivatives LLC, part of the ETA-Ascon Group, has entered into a product "distributorship agreement" with Adnoc Distribution to market Adnoc's refined petroleum products that include gas oil, fuel oil, kerosene and petrol in Dubai.

By A Staff Reporter

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Published: Mon 27 Dec 2004, 11:20 AM

Last updated: Thu 2 Apr 2015, 11:49 AM

Jamal Jaber Al Dharif, General Manager, Adnoc Distribution, and Khalid Abdulla Al Ghurair, Director, Zenath Oil Derivatives, signed the agreement at the headquarters of ETA-Ascon in Dubai. High ranking officials of Adnoc Distribution, including Mohamed Obaid Al Dhaheri, Corporate Sales Division Manager, Nasser Al Hammadi, retail sales Division Manager, Rashid Al Darmaki, Lubricants Local Sales Deptartment Manager and the top management executives from ETA-Ascon including Abdulla Al Ghurair, Chairman, and Syed M. Salahuddin, Managing Director, were present at the signing ceremony. Jamal Al Dharif expressed Adnoc Distribution's satisfaction in working with Zenath Oil Derivatives and ETA-Ascon Group for the past one year when Zenath exceeded the sales targets set by Adnoc Distribution, a major supplier to Zenath during that period. "We realise that there is much more potential to increase the co-operation between us in more related fields," said Al Dharif.

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