Muscat, February 20 - Neftegaz.RU. According to TradeArabia. UAE-based Lukoil Marine Lubricants Middle East, a subsidiary of Russia’s Lukoil, has signed a guaranteed 3-year contract with Oman Shipping Company (OSC).
The parties involved in the signing of the agreement was June Manoharan, director, Lukoil Marine Lubricants and Ibrahim Al Nadhairi, technical director, Oman Shipping Company. The deal provides OSC the option of extending the partnership an additional 2 years to ultimately bring the agreement to a total of 5 years, granted the company finds Lukoil’s supply services satisfactory.
As per the contractual obligations, Lukoil’s supply shall cover OSC’s fleet of 39 vessels consisting of very large crude carriers (VLCC), product tankers, chemical tankers, LPG carriers, very large ore carriers (VLOCs) and bulk carriers.
Ibrahim Al Nadhairi said: «Lukoil has exhibited outstanding operational and technical service and supported our company’s global vision with their firmly established expertise in lubricant technology. This agreement comes at an opportune time as we seek to find alternative ways of elevating the status of our fleet’s reputation with 2020 just around the corner.»
June Manoharan said: «Today is a momentous day for our company as we have successfully reached an agreement to continue building upon our long-term relationship with Oman Shipping Company with the intent of heightening their already reputable fleet.»
«Although we specialise in the production and marketing of marine lubricants, we also pride ourselves in serving our clients to the utmost standard and in this case, we are excited to see that our efforts have been appreciated. Oman Shipping Company has shown great trust in allowing us to continue supplying their vessels,» she added.
