ENOC releases official statement

Emirates National Oil Co, Dubai’s government-owned refiner, denied a report that its gas stations in neighboring emirates would be taken over by Abu Dhabi’s government-run oil company, according to a company statement. “There has been no expression of interest by any organization on taking over the operations of the company’s retail outlets,” it said today. An official statement has been released by ENOC today: “ENOC categorically denies the report that appeared today in Gulf News about the future course of running the ENOC and EPPCO retail outlets in the northern emirates. “It is extremely disappointing that the newspaper has seen it fit to publish a report, which is totally baseless, speculative and unverified. ENOC reiterates that there has been no expression of interest by any organisation on taking over the operations of the company’s retail outlets." they stated. "The concerned authorities are actively discussing the matter of fuel distribution in the northern emirates. Such rumours serve no positive purpose, and the newspaper owes an apology for spreading misinformation," their statement concluded.