President of Petroleo Brasileiro (Petrobras) Jose Edward Dutra recently paid a courtesy call on Emirates National Oil Company (ENOC). Dutra met with Group Chief Executive and Board Member of ENOC, Hussain Sultan 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 organization which is now one of the top 20 oil corporations of international ranking,” said Sultan.
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. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
