Sep 28, 2000, 12:01 AM
News Code: 9057655
0 Persons
league trader oil approved joins firm oil UAE Oil National Emirates Arab United -- IRNA 28, Sept Lumpur, Kuala Arab United the by wholly-owned is which Singapore, (ENOC) Company oil national Eastern Middle first the become has government, Emirates the by status (AOT) Trader Oil Approved awarded be to company .(TDB) Board Development Trade Singapore's ENOC Thursday, on daily Times Business Singapore's to According as primarily function will 1, Oct on trading begins which Singapore, marketing and refining international ENOC's of centre Asian the .business downstream and upstream the in operating group diversified A storage commercial largest the of one operates also ENOC markets, oil .East Middle the in networks saying as Sultan Hussain Executive Chief ENOC's quoted daily The trading principal ENOC's for centre nerve the be will Singapore" ".region Asian important the in activities currently we because us to important extremely is Asia" :said He the to naphtha range full of (bpd) day per barrels 55,000 over export .region this in industry petrochemical a developed already have and barrel the across trade also We" crude for customers and end-users as well as suppliers of list strong ".products refined and its of because Singapore in locate to decided ENOC said Sultan its and infrastructure business oil international developed highly .markets Asian of range wide a to proximity and London in offices trading open also will ENOC that added He .year the of end the by India in Mumbai pleased are We" :said executive, chief deputy TDB's Chin, David oil national Eastern Middle first the be will Singapore ENOC that buzz the to add will presence Their .league AOT the join to company ".Singapore in community trading oil international the of develop to is -- 1989 in launched -- scheme AOT the of aim The major attracting by centre trading oil international an as Singapore using activities trading their conduct to companies international .base a as Singapore or global their as either Singapore use AOTs 50 over Currently, .base regional BN/RR End