Gulf Petroleum

Oil Trading

ESTABLISHING AJMAN’S PRESENCE ON THE PETRO MAP

Founded in 2009 by HH Shaikh Abdul Aziz Humaid Al Nuaimi, Gulf Petroleum is a major private trading company for refined petroleum products. It’s a member of the Ajman Holding group of companies. Gulf Petroleum is a step in the right direction, as far as Ajman’s presence in the petroleum industry is concerned. In a short span of time we have forged and strengthened partnerships with leading petroleum companies in the region such as Adnoc, Somo, Enoc, Vitol and Bapco. The stable relationships that we have maintained with our partners have made it easy for us to attract investors and financial institutions.

 

MEETING ENERGY NEEDS WITH A RANGE OF REFINED PETROLEUM PRODUCTS

As the volume of trade and commerce has increased in the region so has the demand for energy. Hence our efforts focus on bridging this gap with our refined petroleum products, that at present include gas oil, fuel oil, naphtha, asphalt, base oil and various related products. As we continue to move forward, we will expand our product portfolio to cater to the diverse needs of our clients.

 

Trading in petroleum products needs expertise and a proper framework for storage and easy mobility. At present we have 2 storage tanks, with a total capacity of 5000 metric tonnes, in Ajman Free Zone in addition to 2 rented storage tanks in Sharjah Hamriyah Free Zone, with a total capacity of 12000 metric tonnes. This storage capacity allows us the flexibility to meet increased demand without any problems. Our two major contracts from Iraqi Ministry of Oil and Ministry of Electricity require accurate scheduling for the contractual quantities to match supplier and buyer terminals requirements and availability. To ensure no delays we maintain a fleet of 7 tankers with a total capacity of 42,000 metric tonnes in addition to a number of chartered tankers.

 

With the recent surge in business, we are planning to expand our storage capacity to 45,000 metric tonnes by building a tank farm in Sharjah Hamriyah Free Zone. We are also working towards expanding our fleet capacity to 100,000 metric tonnes.

 

CUSTOMER SATISFACTION THROUGH HONEST TEAMWORK

While our main focus is on providing our customers with quality products, but in achieving this goal we adhere to a strict ethical code. Whatever we do has to be guided by a desire for excellence and a commitment to provide unrivaled customer service. We value teamwork and innovation, because we believe great ideas come to fruition by working together.

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