Overseas 30 Year Old International Shipping & Fuel Oil Trading Energy Business

$175,000,000  

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Property Details

This 30 Year Old International Shipping & Fuel Trading Energy Business aims to be the preferred regional provider of fuel trading in large quantities in all United Arab Emirates ports and off shore through their fleet of road tankers as well as with their supply and tanker vessels.

Lubricants & grease manufacturing plant under this International Energy Business is designed as per the world class blending system to produce all type of lubricants and grease in highest quality.

The two refineries are owned by the same company in UAE.

The two refineries cost them more than half a billion dollars, and this is their market value with all devices, equipment, production lines, permits and licenses for land and sea freight. Who is going to buy will be set for operation as soon as possible.

The income for the last two years was approximately 1 billion Dirhams, which means around $274 million dollars. In one year it is estimated that the net profit is around $120-130 Millions USD.

The refineries have housings and warehouses attached to it, which makes it easier for workers to discipline their work.

Both Refineries have a land, sea and air freight license issued by Dubai, so this is an advantage in shipping their products worldwide.

All licenses and operating contracts will be transferred and renewed to the new owner.

Note: Library images may have been used for display purposes

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