Leading integrated global energy player ENOC Group and well-known Lahore-based oil marketing company FPPL (Flow Petroleum Private Limited) Partnership agreement to allow the UAE’s top-tier lubricants brand to be distributed in Pakistan. With this arrangement, ENOC is taking a calculated risk in increasing its market share and solidifying its position internationally.
Senior representatives from both companies, including Imran Khan, General Manager of Lubricants and Marketing at FPPL, and Burhan Alhashemi, Managing Director, ENOC Commercial and International Sales, attended the signing event, which was held at ENOC’s head office in Dubai.
This deal gives FPPL the sole authority to promote, sell, and distribute ENOC’s premium lubricants in Pakistan. In addition to investigating new business potential in areas like aviation fuels and gaseous fuels, Flow Petroleum’s portfolio diversification and integration within the nation’s oil and gas value chain are improved by the acquisition of ENOC lubricants.
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His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, said: “We place our full trust in FPPL to effectively distribute our products in the Pakistani market. This partnership will not only bolster our global presence but also deliver significant value to our customers through FPPL’s trusted network. We are confident that this collaboration will yield fruitful results, benefiting both our organisations and positively contributing to the growth of Pakistan’s economy”.
This partnership is expected to significantly expand Pakistan’s lubricants market and create new avenues for innovation and progress in the energy sector as ENOC broadens its worldwide reach.
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Muhammad Waris, Group CEO of FPPL, mentioned: “Our partnership with ENOC represents a significant milestone for FPPL as we diversify and expand our product offerings within the oil and gas sector. By introducing ENOC’s world-class lubricants to Pakistan, we are well-positioned to meet the growing market demand and solidify our standing as a leading oil marketing company. This collaboration opens new avenues for growth and allows us to provide exceptional value to our customers”.
About ENOC
ENOC Group, a premier integrated global energy company owned by Dubai, is crucial to the Emirate’s development. ENOC operate exploration & production, supply & operations, terminals, gasoline retail, aviation fuel, and commercial & industrial petroleum products. Group businesses include automotive, non-fuel F&B retail, and fabrication.
About Flow Petroleum Private Limited
FPPL is a renowned Lahore-based oil marketing company. As a mainstay in downstream and partially in midstream oil and gas, FPPL has contributed significantly to Pakistan’s energy economy.
