UAE’s Emarat seeks more gasoline amid dry petrol stations
United Arab Emirates' fuel retailer Emarat is tendering for an additional 100,000 tonnes of gasoline to cover for its needs from June to September, traders said on Wednesday.
June 8, 2011 3:45 by p.deleon
United Arab Emirates’ fuel retailer Emarat is tendering for an additional 100,000 tonnes of gasoline to cover for its needs from June to September, traders said on Wednesday.
The company already has term contracts in place with BP and Vitol to receive 80,000 tonnes per month.
But a fuel shortage at some UAE petrol stations, belonging to the Dubai-government owned Emirates National Oil Company (ENOC) and its arm Emirates Petroleum Products Company (EPPCO), might have prompted Emarat to seek more fuel, traders said.
(Reporting by Humeyra Pamuk, Editing by Amran Abocar)
More on GCC
-
Qatar Holding, Italy Fund Eying Versace – Paper
-
Saudi government websites targeted
-
NCoV – First report of patient-to-nurse spread
-
Saudi regulations target stock market speculators
-
Dubai’s Arqaam Capital Eyes South Africa, Saudi Expansion
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Airbus officially picked by Kuwait Airways
-
GMR reveals top 50 Mena Corporate Brands
-
Kuwait Airways to sign $3 billion-plus Airbus deal
-
Abu Dhabi Tourism Company Loss Widens
-
Emirates Airline reaps expansion profits
-
Saudi Arabia has 13 cases of SARS-like Coronavirus – WHO
-
UAE Central Bank Shuts Two Money Exchange Firms For Violations
-
Emal plans further expansion
-
Dubai looking at alternatives to repay debt
-
Two more die in Saudi Arabia from SARS-like virus – WHO
-
Alwaleed’s Kingdom on the prowl
-
Qatar Airways now looks to Airbus
-
World’s Longest-Range Passenger Jet
-
Abu Dhabi says financial zone will bridge a gap
Lately on Kipp
-
Qatar Holding, Italy Fund Eying Versace – Paper
-
Tesco Clothing Brand Plans International Expansion
-
Here’s to Yahoo being ‘cool’ again
-
Kindi enters into strategic partnership with MadVillage
-
First UTM solution to deliver combined gateway, endpoint and cloud web protection
-
Saudi government websites targeted
