ENOC Group Expands Its Jet Fuel Operations in Nigeria
ENOC signed an aviation technical and marketing services agreement with Raven Energy, to support its jet fuel supply operations in Nigeria.
His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, said: “Today, we supply in excess of 2.8 Million US Gallon of jet fuel per day to a diversified portfolio of clients in the UAE and internationally. We’ve successfully forged many collaborations and our partnership with Raven Energy is one that we take pride in. We hope to continue exploring future opportunities to elevate the aviation fuel infrastructure, while expanding capabilities in the African market.”
Raven Energy is part of a multi-national Raven Resources Group which has diversified business operations across various industries, including oil and gas trading, risk management, human resources consulting, and independent power plants.
Adeniyi Makanjuola, Group CEO said: ‘This is a major development for Raven and provides a strategic partnership with a global industry leader that will not only strengthen the infrastructure locally available but will also provide additional cost savings and enhanced productivity by reducing turnaround times.’
Since 1995, ENOC has worked with local oil companies at international airports to supply jet fuel to its customers. The Group has achieved a steady growth in international sales volumes, selling more than 60 Million US Gallons (USGs) per year outside the UAE.
ENOC provides jet fuel to 150 airports across 24 countries around the globe. The Group also provides technical service assistance along with aircraft liability insurance to further enhance customer value proposition. Over the last five years, ENOC has established a strong presence in the aviation sector internationally with over 70 per cent growth in its network, providing jet fuel to over 80 customers across airports in the Middle East, Africa, South East Asia and Europe.
Headquartered in the United Arab Emirates, the Group’s local aviation operations provides more than 55 per cent of Dubai International Airport’s jet fuel requirements, through its two pipelines linking its storage terminals in Jebel Ali to the airport. The Group has also announced plans to extend a 16-kilometre jet fuel pipeline to Al Maktoum International Airport, to meet the expected increase in traffic, in light of projections stating that the UAE will receive more than 25 million visitors by 2020.
Emirates National Oil Company (ENOC)
Emirates National Oil Company Limited (ENOC) L.L.C. is a leading integrated global oil and gas player operating across the energy sector value chain. A wholly owned company of the Government of Dubai, ENOC was initially established in 1993.
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