STOCK Emirates National Oil Company (ENOC)
The Emirates National Oil Company (ENOC) is building up an overseas profile, and marine lubricants is one category that it will leverage upon. Image Credit: Virendra Saklani/Gulf News

Dubai: The Dubai-based ENOC Group has appointed Ennero to expand the its international presence in marine lubricants. Ennero, will distribute ENOC’s marine lubricants to all South African ports - Durban, Cape Town, Port Elizabeth, Richard’s Bay - in addition to Walvis Bay in Namibia, and other international markets.

Nearly 40 million litres of marine lubricants are transacted in South Africa annually. Through this agreement, ENOC aims to grow the sales of its marine lubricant’s portfolio and bolster its international presence at new sea ports. “We have consistently worked towards expanding our local and international presence," said Saif Humaid Al Falasi, Group CEO, ENOC. "

The South African ports and terminals are key contributors to the country’s economic growth due to the location on one of the busiest international sea routes. This presents an opportunity for South Africa to invest in a diversified maritime market.