ENOC Group to fuel up Lebanon’s airlines in a long-standing partnership

ENOC Group to fuel up Lebanon’s airlines in a long-standing partnership

/ Financial News / Wednesday, 17 March 2021 12:30

ENOC Group announced the renewal of its agreement with Wardieh Holdings Inc., the oil and energy Group, to support its jet fuel marketing to airlines and operations in Lebanon. The two entities have a long-standing partnership for eight years, where ENOC markets jet fuel and provides technical services assistance to Wardieh. 

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC Group, said, “We continue to build on our regional and global partnerships to deliver world-class product and service support. Despite the aftermath of the pandemic on the aviation sector, readiness and preparedness measures are of paramount importance to facilitate a gradual recovery for the sector. Our renewed partnership with Wardieh is testament to these efforts, as we remain committed to offer our partners uninterrupted jet fuel supply and technical services, while maintaining the highest standards of quality and excellence.” 

Hani Al Shuwaeir, General Manager and CEO of Wardieh Holdings said, “We take pride in our ability to evolve over time to become an integral enabler of Lebanon’s petroleum sector. Having realized that one of the major strengths to our success was the aviation business, we partnered with ENOC and together we achieved great results; recording 43% uplift in fuel from international airlines at Beirut International Airport. To build upon these successes, we will continue to endeavor in our partnership with ENOC. Despite the current challenges posed by the pandemic and its impact on the sector, we are confident that along with ENOC, we will work be able to continue to build upon these successes as the aviation sector sees its gradual recovery.”

Since 1995, ENOC worked with local oil companies at international airports to supply jet fuel to its customers. The Group has achieved a steady growth in international sales volumes, delivering over 3 million USG per day.

ENOC provides jet fuel at more than 200 airports, with a diverse portfolio of offerings for customers that include technical services assistance and aircraft refuelling liability insurance to enhance customer value proposition. 

Wardieh Holdings Inc. SAL is an oil & energy company in Beirut. The company owns and operates gasoline stations. Through its main subsidiaries, it provides distribution of lubricants, solvents and fuel oil. It also supplies and delivers high-grade jet fuel.

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