Middle East Economic Survey

VOL. XLVIII

No 3

17-January-2005

UAE

Zenath Oil Signs Dubai Distribution Agreement With Adnoc

Zenath Oil Derivatives (Zenath), part of ETA-ASCON Group and the largest distributor of petroleum products in the UAE, announced on 26 December it had signed an agreement with Abu Dhabi National Oil Company-Distribution (ADNOC-Distribution) to market the latters refined petroleum products (including gas oil, fuel oil, kerosene and petrol) in Dubai. Zenath said that its goal was...