July 2007

Mabanaft Opens New Trading Office in Singapore

As part of its international growth strategy, Mabanaft opens a new office in Singapore on July 2, 2007. The new subsidiary operates under the name of Mabanaft Pte. Ltd. and trades physical petroleum products and derivatives in the Far East. It is also expected to help ensure constant market liquidity.

A team of experienced employees analyzes market imbalances and develops solutions tailored to each customer’s requirements. The team coordinates its work closely with the Mabanaft offices in Rotterdam and Houston.

After Rotterdam and Houston, Singapore is Mabanaft’s third mainstay of international trade.