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Petrobras President visits ENOC

Posted: 23 December 2003

The President of Petroleo Brasileiro S.A. (Petrobras), Jose Edward Dutra, recently paid a courtesy call on Emirates National Oil Company (ENOC).

Accompanied by Nelson F. Aleida, Managing Director of Petrobras Europe, Dutra met with Hussain Sultan, Group Chief Executive and Board Member, ENOC and senior management of the ENOC Group to discuss possible collaboration between Petrobras and ENOC.

Petrobras was established to operate Brazil’s oil sector and has for the past 40 years been a leader in by-product distribution throughout Brazil.

“This was an excellent opportunity for ENOC to present itself to an organisation which is now one of the top 20 oil corporations of international ranking,” said Sultan.

“We expressed ENOC’s keen interest in working jointly with Petrobras. It was also a good opportunity for Petrobras to better understand ENOC’s expansion plans and its desire to be a partner of choice for major reputable companies wishing to enter the Middle East market.”

Following the meeting at the ENOC House headquarters in Dubai, the two parties met again at ENOC’s offices in Singapore where further opportunities in oil products trading were explored.

For more information see www.enoc.com.

Posted by Richard Price, Editor Pipeline Magazine

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