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FINANCIAL NEWS
Qatar’s Tasweeq to provide ENOC with 20k bpd of condensate
05 Feb 2013
(MENAFN) Qatar International Petroleum Marketing Company Ltd. (Tasweeq) will supply Emirates National Oil Company’s (ENOC) Jebel Ali refinery with 20,000 barrels per day (bpd) of condensate, reported Kuwait News Agency (KUNA).
The deal inked between the two companies will allow the UAE firm to meet growing demand for fuel products in Dubai, and to guarantee a stable supply of refined products.
Tasweeq said that the agreement underlines the firm’s key role in supporting the needs of its partners in the Gulf region, in addition to other international markets.
It is worth noting that ENOC is planning to support the volume of spot cargo from third-party suppliers in the Gulf region and Far East to run its import pipeline in line with governmental instructions.
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